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2012 New York Consolidated Laws
RPP - Real Property
Article 12 - (370 - 436) REGISTERING TITLE TO REAL PROPERTY
429 - Restrictions on claims against assurance fund.


NY Real Prop L § 429 (2012) What's This?
 
    §  429.    Restrictions  on claims against assurance fund.   No person
  shall recover from the assurance fund, or the  county  or  city  general
  fund  after  the  assurance fund has been terminated pursuant to section
  four hundred twenty-six of this article, any greater sum than  the  fair
  market  value of the property at the time the right to bring such action
  first accrued. Any action or proceeding to recover damages  out  of  the
  assurance  fund  shall  be commenced within six years from the time when
  the right to begin the same accrued, and not afterward,  and  such  time
  shall not be extended because of any disability.

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