E-Tax forms are changing closing procedures for the better

Real Estate Weekly, Sept 1, 2004 by Fern Epstein

For your information, attorneys and closers can visit ACRIS on the Internet at http://www.NYC.gov/ ACRIS.

Of course, title companies and their agents can also provide the necessary assistance to insure a smooth transition to the new ACRIS procedures.

Although there may be an initial adjustment period, the ACRIS program is well designed and the real estate community should find it a valuable tool. The Finance Department asserts that it will reduce data entry, automatically calculate transfer taxes and reduce error by confirming that all required fields and tax form schedules have been completed.