N.Y. Real Property Law § 254-d: Fees by mortgagee for direct payment of real property taxes by mortgagor prohibited

§ 254-d. Fees by mortgagee for direct payment of real property taxes

by mortgagor prohibited. No mortgagor on a loan secured primarily by an

interest in real property shall be charged a fee by the mortgagee

because the parties have agreed that the mortgagor shall pay real

property taxes on such real property directly to the taxing authority or

authorities and not in escrow to the mortgagee or the mortgagee's agent.