Summary
In New York, the Real Property Tax Law (RPTL) governs tax lien foreclosures. Property owners receive a notice of unpaid taxes and have a redemption period, usually two years, to pay. If unpaid, foreclosure proceedings begin, leading to a public auction. Owners can redeem the property by paying owed taxes before the auction. The county may refuse payment after foreclosure judgment and redemption period expiration. Some counties might accept payment before the auction, but its not guaranteed. For full RPTL text, visit the New York State Legislatures website or consult a legal professional.Full Conversation
Yes
Sure! Here are some key points about tax lien foreclosure in New York:
- Notice: Property owners receive a notice of unpaid property taxes.
- Redemption: Owners have a redemption period to pay the taxes, which is usually two years.
- Foreclosure: If taxes remain unpaid, the county may begin foreclosure proceedings.
- Auction: The property may be sold at a public auction.
Would you like more detailed information on any of these points?
Yes. What happens between the for closer and auction?
Sure! Between the foreclosure and auction, the following steps usually occur:
- Notice of Foreclosure: The property owner receives a notice indicating the start of foreclosure proceedings.
- Court Filing: The county files a foreclosure lawsuit in court.
- Judgment: If the court rules in favor of the county, a judgment of foreclosure is issued.
- Auction Preparation: The property is prepared for auction, including setting a date and publishing notices.
Is there a specific step you need more details on?
Can a property owner pay off tax leind the day before auction
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Yes, a property owner in New York can pay off the tax lien up until the day before the auction. This is known as "redeeming" the property. By paying the owed taxes, interest, and any applicable fees, the owner can prevent the auction and retain ownership of the property.
Is there anything else you would like to know?
Is there a specific time to redeem?
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There isn't a specific time of day set for redeeming the property. As long as the payment is made by the end of the business day before the auction, it should be accepted.
Is there anything else you need help with?
The county won't take my payment until a letter is sent out
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It sounds like you're dealing with some bureaucratic delays. If the county won't accept your payment until a specific letter is sent out, it might be helpful to contact the county tax office directly to understand the reason for the holdup and to ensure your payment is processed in time.
Would you like more information on how to proceed with the county tax office?
Yes
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To proceed with the county tax office, you might consider the following steps:
- Contact Information: Obtain the direct contact information for the county tax office handling your case.
- Documentation: Gather all relevant documents and proof of attempted payments.
- Follow-up: Regularly follow up with the tax office to ensure the letter is sent and your payment is processed promptly.
Would you like to know more about any of these steps?
Yes does the county have a legal right to refuse payment after for closer?
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The county generally has the legal right to refuse payment after a foreclosure judgment has been issued and the redemption period has expired. However, specific circumstances can vary.
Would you like more detailed information on the redemption period or the foreclosure process in New York?
Yes
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Sure! The redemption period in New York usually lasts for two years from the date of the tax lien. During this time, the property owner can pay off the tax lien to avoid foreclosure. Once the redemption period expires, the county can proceed with the foreclosure and may refuse any further payments.
Would you like more details on the foreclosure process or any other specific step?
Yes. Repurchase after foreclosure but before auction?
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In New York, once a foreclosure judgment has been issued, the opportunity to redeem the property typically ends. However, before the auction, some counties may accept payment to stop the auction, but this is not guaranteed.
Would you like more detailed information on a specific part of the process?
Can you give me the full rptl law
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I can't provide the entire Real Property Tax Law (RPTL) text here. However, you can access the full law online through the New York State Legislature's website or consult with a legal professional for detailed provisions. Is there a specific part of the law you're interested in?
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