We recieved this from our underwriter the other day:
Please be advised that the Division of Taxation recently released an updated Seller’s Residency Certification/Exemption (GIT/REP-3) form. The revisions appear to be:

1. Insertion of “Residents and” into Seller Assurances box which now reads, “SELLER ASSURANCES (Check the Appropriate Box) (Boxes 2 through 8 apply to Residents and Non-residents)”
2. Insertion of “residents and” in the instructions for “Seller Assurances” on the back of the form in conformity with the amendment on the front of the form.
3. Addition of the phrase, “unless the Power of Attorney is attached to the deed.” At the end of the instruction on the back of the form for “Signature”.

As to the third revision above, the purpose appears to be to clarify that if a deed is executed pursuant to a Power of Attorney which is being recorded with the deed, an additional letter signed by the Principal granting authority to the Attorney in Fact to sign the GIT/REP-3 is not also required. It is unclear whether the Division is requiring that an additional copy of the Power of Attorney be literally attached to the deed under this circumstance or whether submitting it for recording simultaneously with the deed will be sufficient.

Please be reminded that settlement attorneys and agents are required to use the most current forms (GIT/REP and RTF) when submitting them for recording.

We have uploaded the new form to our forms page for your convenience. Click here to download it.