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A04620 Summary:

BILL NOA04620
 
SAME ASSAME AS S07479
 
SPONSORZebrowski
 
COSPNSR
 
MLTSPNSR
 
Amd §1308, RPAP L
 
Requires loan services for loans on vacant and abandoned residential real property to pay certain condominium common charges.
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A04620 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4620
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 4, 2021
                                       ___________
 
        Introduced  by  M.  of  A.  ZEBROWSKI  --  read once and referred to the
          Committee on Judiciary
 
        AN ACT to amend the  real  property  actions  and  proceedings  law,  in
          relation  to requiring loan services for loans on vacant and abandoned
          residential real property to pay certain condominium common charges

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Paragraph (k) of subdivision 4 of section 1308 of the real
     2  property actions and proceedings law, as amended by chapter 168  of  the
     3  laws of 2019, is amended to read as follows:
     4    (k) pay homeowners' association, condominium common charges as defined
     5  in section three hundred thirty-nine-e of the real property law or coop-
     6  erative fees as needed to maintain the property.
     7    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05938-01-1
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