2006 New York Code - Redemption Of Property Subject To More Than One Tax Lien.



 
    §  1112.  Redemption of property subject to more than one tax lien. 1.
  When a tax district holds more than one tax lien against a  parcel,  the
  liens  need  not  be redeemed simultaneously. However, the liens must be
  redeemed in reverse chronological order, so that the lien with the  most
  recent  lien date is redeemed first, and the lien with the earliest lien
  date is redeemed last. Notwithstanding the redemption of one or more  of
  the  liens  against a parcel as provided herein, the enforcement process
  shall proceed according to the provisions of this article as long as the
  earliest lien remains unredeemed.
    2. (a) When one or  more  liens  against  a  parcel  are  redeemed  as
  provided  herein,  but the earliest lien remains unredeemed, the receipt
  issued  to  the  person  redeeming  shall   include   a   statement   in
  substantially  the  following form:  "This parcel remains subject to one
  or more delinquent tax  liens.  The  payment  you  have  made  will  not
  postpone  the  enforcement  of  the outstanding lien or liens. Continued
  failure to pay the entire amount owed will result in  the  loss  of  the
  property."
    (b)  Failure  to  include  such  a  statement on the receipt shall not
  invalidate any tax lien or  prevent  the  enforcement  of  the  same  as
  provided by law.
    3.  When  all  of  the  liens against the parcel have been redeemed, a
  certificate of redemption shall be issued upon request, as  provided  by
  section eleven hundred ten of this article.

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