N.Y. SCT Law § 45-A — New York Code / Act SCT / Article 2 / Section 45-A
Special provisions relating to certain tax sales heretofore held; rates of redemption
Status: in_force

§ 45-a. Special provisions relating to certain tax sales heretofore\nheld; rates of redemption. 1. All sales of real estate for unpaid taxes\nin the county of Suffolk in the years nineteen hundred thirty, nineteen\nhundred thirty-one and nineteen hundred thirty-two for unpaid taxes of\nthe years, respectively, nineteen hundred twenty-nine, nineteen hundred\nthirty and nineteen hundred thirty-one, are hereby validated in so far\nas their validity might otherwise have been affected or may be\nquestioned by reason of the enactment of chapter ninety-nine of the laws\nof nineteen hundred thirty or chapter three hundred thirty-five of the\nlaws of nineteen hundred thirty-two, amending section one hundred\nfifty-two of the tax law, or any other amendment to said section. In the\ncase of the redemption hereafter, either within the now unexpired term\nof any three year period of redemption or after the commencement of\nforeclosure proceedings, of any parcel of real estate sold at any such\nsale, or at the sale of real estate for unpaid taxes in such county, in\nthe year nineteen hundred twenty-nine for unpaid taxes of the year\nnineteen hundred twenty-eight, the amount representing interest on the\namount paid by the purchaser, or on the amount required to be realized\nby the sale if foreclosed by the county, to be included in the sum\nrequired to be paid to effect the redemption shall be computed and fixed\nin accordance with the rates established pursuant to section forty-five\nof this chapter as in force on March eighteenth, nineteen hundred\ntwenty-nine, which, as applied to such sales in redemptions hereafter,\nare hereby established as follows: with respect to property so sold in\nthe years nineteen hundred twenty-nine or nineteen hundred thirty, and\nredeemed after the commencement of foreclosure proceedings, the rate bid\nby the purchaser, not exceeding fifteen per centum, multiplied by six;\nwith respect to property so sold in the years nineteen hundred\nthirty-one or nineteen hundred thirty-two, the rate bid by the purchaser\nmultiplied by the number of periods of six months each, plus the\nfraction of such a period, if any, that shall have elapsed at the time\nof the redemption since the date of the sale.\n  2. Redemptions heretofore made of property sold at any tax sale\nmentioned in this section at the rates bid pursuant to section\nforty-five of this chapter, and the cancellation and discharge by the\ncounty treasurer of the tax for which sold, are hereby legalized,\nratified and confirmed. Any claim of any party to such transaction based\non alleged overpayment or underpayment shall be enforceable only by\ncivil action against the person or corporation owing the same, if any;\nand this subdivision shall not be construed as creating or extinguishing\nor attempting to create or extinguish any such claim or a liability\nthereon.\n  3. This section shall not impair nor in anywise affect any redemption\nheretofore made at the rates of interest prescribed by section one\nhundred fifty-two of the tax law of real estate sold in the years\nnineteen hundred thirty, nineteen hundred thirty-one or nineteen hundred\nthirty-two. For the purposes of this subdivision, the redemption shall\nbe deemed to have been made at the time of the tender to the county\ntreasurer of the proper amount.\n