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Medallion Owner, Individual

About Apply Operating & Renewing

Apply

Before you submit your application

  • 1
    The applicant must satisfy the requirements listed below before visiting one of the TLC facilities listed under Contact Information.

    • 2
      The applicant must be at least 18 years old to be an owner of a medallion.

      • 3
        The applicant must have a valid TLC taxicab driver's license. Please see Driver License Application link above.

        • 4
          List of Permit Fees. More info
          • The Medallion Transfer Unit will explain all of the City and TLC taxes and fees that must be paid to own a medallion.
          • If you are using a money order to pay the fee it must be made payable to: NYC TLC.
          • All licenses are non-transferable and all fees are non-refundable.

        • 5
          List of accepted payment methods. More info
          • Money Order (Money Orders payable to NYC Taxi & Limousine Commission)
          • Visa
          • MasterCard
          • American Express
          • Discover

          • Ready to Apply?

          Apply in Person

          Steps to apply in person:

        • 1
          The applicant must comply with all prerequisites and process steps listed below. They can then visit one of the TLC facilities listed under Contact Information.

          • 2
            To buy a Medallion, the applicant must be prepared to pay a Transfer Tax of 5%, and choose to buy either a medallion or a share in a medallion. Buying a medallion is a very complicated process and it may be best for applicant to use a TLC licensed broker.

            • 3
              The applicant must find out where and how to buy a medallion. To do so, the applicant can speak to a TLC licensed broker. Brokers have a list of clients who are looking to sell a medallion or are selling shares in a medallion partnership. If the applicant is using a broker, the broker must be licensed by TLC, and the licensed broker will explain the purchasing process and provide the necessary forms. Please see the Find a TLC licensed Broker link above.

              • 4
                If the applicant chooses not to use a broker, the applicant will need to contact the Medallion Transfer Unit. Please note: The process is different for each sale based on whether applicant is buying as a, Partnership, LLC, Inc., Corp. or foreign business.

                • 5
                  If the applicant will use a broker, then the broker must be licensed by TLC. The licensed broker will explain the purchasing process and provide the necessary forms.

                  • 6
                    Once the applicant has closed on the sale of a medallion, he or she will need to submit all necessary documentation to the Medallion Transfer Unit, located at 40 Rector, 5th Floor, New York, NY 10006.

                    • 7
                      To submit an application, please contact the Medallion Transfer Unit during its business hours, 9:00 AM to 5:00 PM Monday through Friday, for an appointment.

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