New York S01785 amends the real property tax law to require multiple liens on farm property to be paid in chronological order, starting with the.
New York S01785 amends the real property tax law to change the order in which multiple liens on farm property must be paid. Instead of paying the most recent lien first, the earliest lien must be paid off first, with the most recent lien being paid last. This change applies to the redemption of liens occurring on and after the effective date of the act. The act also mandates that receipts issued for redeemed liens must include a statement warning that the property remains subject to other delinquent tax liens.
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