S T A T E O F N E W Y O R K
________________________________________________________________________
8100
I N S E N A T E
June 8, 2010
___________
Introduced by Sen. KLEIN -- read twice and ordered printed, and when
printed to be committed to the Committee on Judiciary
AN ACT to amend the real property actions and proceedings law, in
relation to title to an abandoned multiple dwelling in a city, town or
village
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 3 of section 1972 of the real property actions
and proceedings law, as added by chapter 864 of the laws of 1973, is
amended to read as follows:
3. Within five days of the service of notice on the owner, a copy of
the certification shall be served on each mortgagee, lienor and lessee
of record, personally or by registered mail to the address set forth in
the recorded instrument or, if no address appears therein, to the person
at whose request the instrument was recorded. Such copy shall, in the
case of a mortgagee or lienor, be accompanied by a notice that
proceedings pursuant to this article may be instituted unless the mort-
gagee or lienor, within fifteen days of such mailing, either (A)
commences proceedings to foreclose the mortgage or lien AND MOVES FOR
THE APPOINTMENT OF A RECEIVER, IN WHICH APPLICATION THE MORTGAGEE OR
LIENOR REQUESTS THAT THE RECEIVER BE ORDERED BY THE COURT APPOINTING HIM
OR HER TO ENTER INTO AN AGREEMENT WITH THE DEPARTMENT TO BRING THE
BUILDING INTO COMPLIANCE WITH THE APPLICABLE PROVISIONS OF LAW, AND
SERVES THE DEPARTMENT WITH A COPY OF THE APPLICATION or (B) TAKES
POSSESSION OF THE PREMISES AS PROVIDED IN THE MORTGAGE AND enters into
an agreement with the department to bring the building into compliance
with [the] applicable provisions of law. IF AN APPLICATION FOR APPOINT-
MENT OF A RECEIVER BY A MORTGAGEE OR LIENOR IS DENIED OR A RECEIVER IS
APPOINTED BUT NOT SPECIFICALLY DIRECTED TO ENTER INTO AN AGREEMENT WITH
THE DEPARTMENT TO BRING THE BUILDING INTO COMPLIANCE WITH APPLICABLE
PROVISIONS OF LAW, THE DEPARTMENT MAY INSTITUTE PROCEEDINGS PURSUANT TO
THIS ARTICLE. THE DEPARTMENT MAY ALSO, NOTWITHSTANDING ANYTHING TO THE
CONTRARY IN THIS SUBDIVISION, INSTITUTE PROCEEDINGS PURSUANT TO THIS
ARTICLE IF: (I) A FORECLOSURE PROCEEDING HAS BEEN COMMENCED EITHER
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06402-02-9
S. 8100 2
BEFORE OR AFTER SERVICE OF A COPY OF THE CERTIFICATION BUT THE MORTGA-
GEE, LIENOR OR RECEIVER, AS THE CASE MAY BE, HAS NOT ENTERED INTO AN
AGREEMENT WITH THE DEPARTMENT, WITHIN A REASONABLE PERIOD OF TIME, TO
BRING THE BUILDING INTO COMPLIANCE WITH APPLICABLE PROVISIONS OF LAW; OR
(II) SUCH AN AGREEMENT IS ENTERED INTO, BUT THE DEPARTMENT DETERMINES
THAT THERE IS A SUBSTANTIAL FAILURE TO COMPLY WITH SUCH AGREEMENT.
S 2. This act shall take effect on the one hundred twentieth day
after it shall have become a law and shall apply to proceedings
commenced on or after such date.