New York A04466 amends the real property tax law to require multiple liens on farm property to be paid in chronological order, starting with the.

New York A04466 amends the real property tax law to change how multiple liens on farm property are handled. It requires that these liens be paid off in chronological order, with the earliest lien being settled first and the most recent being settled last. This change applies to liens occurring after the bill's effective date. The bill also mandates that receipts for redeemed liens on farm property include a warning that the property remains subject to any unredeemed liens.

New York A04466 amends the real property tax law to require multiple liens on farm property to be paid in chronological order, starting with the.

New York A04466 amends the real property tax law to change how multiple liens on farm property are handled. It requires that these liens be paid off in chronological order, with the earliest lien being settled first and the most recent being settled last. This change applies to liens occurring after the bill's effective date. The bill also mandates that receipts for redeemed liens on farm property include a warning that the property remains subject to any unredeemed liens.