The New York City Department of Finance mails notices to grantors and grantees who pay their RPTT after the 30-day deadline, or have not yet paid their RPTT.
If you receive a "Notice and Demand for Payment Due," you have 10 days to pay the balance due. If you do not agree with the balance due, you must submit a signed statement explaining why you disagree. If you agree with the balance due, you may pay:
You can pay your RPTT penalty and interest online through City Pay.
You can pay by:
- Electronic check
- Credit card (American Express, Master Card, Visa and Discover)
- Debit card with an American Express, a Master Card, or a Visa logo
- Pre-paid card or gift card with an American Express, a Master Card, or a Visa logo
There is a service fee of 2% of the total paid when using credit and debit cards (Example: If your payment is $1,000, the service fee is $20).
There is no service fee for using Electronic check; there is a bounced-check fee of $20.
Payments will post in 2 or more business days.
Payments can be made at a DOF Business Center. To find a DOF Business Center, go to the DOF Business Center page.
Send payment to:
NYC Department of Finance
Division of Land Records - RPTT Billing Unit
66 John Street, 13th Floor
New York, NY 10038
Failure to make payment within 10 days from the date of the "Notice and Demand for Payment Due" will result in docketing of a warrant with the County Clerk. A warrant is a lien on real and personal property. It will be made available to credit bureaus nationwide and it will represent a serious detriment to your credit rating.