Frequently Asked Questions
Below you will find information that might help you understand how to find things or learn about information you might need to know about your city or town.
Community Preservation Fund
5-
Community Preservation Fund
The Community Preservation Office is located at: 24 West Montauk Hwy Hampton Bays, NY 11946 Ph: 631-287-5720 Map
-
Community Preservation Fund
You can download the application online or stop in at the Community Preservation Office is located at: 24 West Montauk Hwy Hampton Bays, NY Ph: 631-287-5720
-
Community Preservation Fund
The CPF tax, or the Peconic Bay Region Community Preservation Fund Tax is a 2.5% transfer tax (including a 0.5% Peconic Bay Community Housing Fund Tax) on all real property in the Town of Southampton. The first $100,000 of a vacant, unimproved residential parcel is exempt from the tax, and the first $400,000 of an improved residential parcel is exempt from the tax, where the consideration is $2,000,000 or less. There are several specific tax exemptions, which are listed in Section C of the Peconic Bay Region Community Preservation Fund Form (PDF). In addition, there is a First-Time Home Buyer Exemption.
-
Generally the tax is paid at the time of the real property closing and is collected by the title closer and filed along with the deed and other associated documents, at the Suffolk County Clerk’s Office.Community Preservation Fund
-
Community Preservation Fund
The Peconic Bay Region Community Preservation Fund form and payment should be sent to:
Town of Southampton Comptroller’s Office
Southampton Town Hall
116 Hampton Road
Southampton, NY 11968
Ph: 631-702-1980Please also forward a photocopy of the Peconic Bay Region Community Preservation Fund form and payment check to:
Town of Southampton Community Preservation Office
24 West Montauk Highway
Hampton Bays, NY 11946
Ph: 631-287-5720The check should be payable to the “Town of Southampton”