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2022 New York Laws
RPP - Real Property
Article 12 - Registering Title to Real Property
429 - Restrictions on Claims Against Assurance Fund.
Universal Citation: NY Real Prop L § 429 (2022)
§ 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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