Do you support this bill?

Assembly Bill A5529

2021-2022 Legislative Session

Requires a mortgagor to provide notice of imminent foreclosure

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2021-A5529 (ACTIVE) - Details

See Senate Version of this Bill:
S57
Current Committee:
Assembly Judiciary
Law Section:
Real Property Law
Laws Affected:
Add §235-i, RP L
Versions Introduced in Other Legislative Sessions:
2017-2018: A7095, S5378
2019-2020: A6851, S1055
2023-2024: A5241, S6524
2025-2026: S1264

2021-A5529 (ACTIVE) - Summary

Requires a mortgagor to provide notice of imminent foreclosure to his or her tenant or prospective tenant prior to he or she renewing or signing a lease agreement.

2021-A5529 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5529
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 19, 2021
                                ___________
 
 Introduced by M. of A. WILLIAMS -- read once and referred to the Commit-
   tee on Judiciary
 
 AN  ACT to amend the real property law, in relation to requiring a mort-
   gagor to provide notice of imminent foreclosure to his or  her  tenant
   or tenants
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The real property law is amended by adding  a  new  section
 235-i to read as follows:
   §  235-I.  IMMINENT FORECLOSURE. 1. AS USED IN THIS SECTION, "IMMINENT
 FORECLOSURE" SHALL MEAN A MORTGAGOR HAS RECEIVED NOTICE  OF  FORECLOSURE
 DELIVERED ALONG WITH A SUMMONS AND COMPLAINT, AS REQUIRED IN SUBDIVISION
 TWO  OF  SECTION THIRTEEN HUNDRED THREE OF THE REAL PROPERTY ACTIONS AND
 PROCEEDINGS LAW.
   2. A MORTGAGOR SHALL, PRIOR TO THE TENANT OR PROSPECTIVE TENANT EITHER
 RENEWING OR SIGNING A LEASE AGREEMENT, DISCLOSE TO HIS OR HER TENANT  OR
 PROSPECTIVE TENANT OF IMMINENT FORECLOSURE.
   § 2. This act shall take effect immediately.
 
 
 
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02939-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.