Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 21, 2021 |
approval memo.78 signed chap.692 |
Dec 09, 2021 |
delivered to governor |
Jun 10, 2021 |
returned to senate passed assembly |
Jun 01, 2021 |
ordered to third reading rules cal.195 substituted for a5923a |
Jun 01, 2021 |
substituted by s1579a rules report cal.195 reported |
May 19, 2021 |
reported referred to rules |
Mar 12, 2021 |
print number 5923a |
Mar 12, 2021 |
amend (t) and recommit to judiciary |
Mar 02, 2021 |
referred to judiciary |
Assembly Bill A5923A
Signed By Governor2021-2022 Legislative Session
Sponsored By
ZINERMAN
Archive: Last Bill Status Via S1579 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
Gina Sillitti
Catherine Nolan
Inez E. Dickens
Al Taylor
2021-A5923 - Details
2021-A5923 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5923 2021-2022 Regular Sessions I N A S S E M B L Y March 2, 2021 ___________ Introduced by M. of A. ZINERMAN, SILLITTI, NOLAN, DICKENS, TAYLOR -- read once and referred to the Committee on Judiciary AN ACT to amend the real property actions and proceedings law, in relation to requiring a plaintiff in a mortgage foreclosure action to maintain the subject property in good faith THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as "The Good Neighbor Act". § 2. Subdivision 1 of section 1307 of the real property actions and proceedings law, as added by chapter 507 of the laws of 2009, is amended to read as follows: 1. A plaintiff [in] WHO COMMENCES a mortgage foreclosure action [who obtains], INCLUDING A LENDER, AN ASSIGNEE OR A MORTGAGE LOAN SERVICER, SEEKING a judgment of foreclosure and sale pursuant to section thirteen hundred fifty-one of this article, involving residential real property, as defined in section thirteen hundred five of this article, that is vacant, or becomes vacant after COMMENCEMENT OF THE ACTION OR the issu- ance of such judgment, or is abandoned by the mortgagor but occupied by a tenant, as defined under section thirteen hundred five of this arti- cle, shall IN GOOD FAITH maintain such property until such time as ownership has been transferred through the closing of title in foreclo- sure, or other disposition, and the deed for such property has been duly recorded; provided, however, that if a municipality or governmental entity holds a mortgage subordinate to one or more mortgages on the residential real property, the municipality or governmental entity shall not be subject to the requirements of this section. AS USED IN THIS SECTION, THE TERM "GOOD FAITH" SHALL BE DEFINED AS HONESTY IN FACT AND THE OBSERVANCE OF REASONABLE STANDARDS OF FAIR DEALING. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08533-01-1
co-Sponsors
Gina Sillitti
Catherine Nolan
Inez E. Dickens
Al Taylor
2021-A5923A (ACTIVE) - Details
2021-A5923A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5923--A 2021-2022 Regular Sessions I N A S S E M B L Y March 2, 2021 ___________ Introduced by M. of A. ZINERMAN, SILLITTI, NOLAN, DICKENS, TAYLOR, JACK- SON -- read once and referred to the Committee on Judiciary -- commit- tee discharged, bill amended, ordered reprinted as amended and recom- mitted to said committee AN ACT to amend the real property actions and proceedings law, in relation to requiring a plaintiff in a mortgage foreclosure action to maintain the subject property THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as "The Good Neighbor Act". § 2. Subdivision 1 of section 1307 of the real property actions and proceedings law, as added by chapter 507 of the laws of 2009, is amended to read as follows: 1. A plaintiff [in] WHO COMMENCES a mortgage foreclosure action [who obtains], INCLUDING A LENDER, AN ASSIGNEE OR A MORTGAGE LOAN SERVICER, SEEKING a judgment of foreclosure and sale pursuant to section thirteen hundred fifty-one of this article, involving residential real property, as defined in section thirteen hundred five of this article, that is vacant, or becomes vacant after COMMENCEMENT OF THE ACTION OR the issu- ance of such judgment, or is abandoned by the mortgagor but occupied by a tenant, as defined under section thirteen hundred five of this arti- cle, shall maintain such property until such time as ownership has been transferred through the closing of title in foreclosure, or other dispo- sition, and the deed for such property has been duly recorded; provided, however, that if a municipality or governmental entity holds a mortgage subordinate to one or more mortgages on the residential real property, the municipality or governmental entity shall not be subject to the requirements of this section. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08533-03-1
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