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The Laws of New York
Consolidated Laws of New York
CHAPTER 60
Tax
ARTICLE 31
Real Estate Transfer Tax
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SECTION 1421
Deposit and dispositions of revenues
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ARTICLE 31
Real Estate Transfer Tax
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SECTION 1423
Modernization of real property transfer reporting
This entry was published on 2014-09-26
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SECTION 1422
Foreclosure proceedings
Tax (TAX) CHAPTER 60, ARTICLE 31
§ 1422. Foreclosure proceedings. Where the conveyance consists of a
transfer of property made as a result of an order of the court in a
foreclosure proceeding ordering the sale of such property, the referee
or sheriff effectuating such transfer shall not be liable for any
interest or penalties that are authorized pursuant to this article or
article thirty-seven of this chapter.