New York Statutes

§ 339-T — Withdrawal from provisions of this article

New York § 339-T
JurisdictionNew York
Law RPPReal Property
Art. 9-BCondominium Act

This text of New York § 339-T (Withdrawal from provisions of this article) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.Y. Real Property § 339-T (2026).

Text

§ 339-t. Withdrawal from provisions of this article. If withdrawal of\nthe property from this article is authorized by at least eighty per cent\nin number and in common interest of the units, or by at least such\nlarger percentage either in number or in common interest, or in both\nnumber and common interest, as may be specified in the by-laws, then the\nproperty shall be subject to an action for partition by any unit owner\nor lienor as if owned in common, in which event the net proceeds of sale\nshall be divided among all the unit owners in proportion to their\nrespective common interests, provided, however, that no payment shall be\nmade to a unit owner until there has first been paid off out of his\nshare of such net proceeds all liens on his unit. Such withdrawal of\nthe property f

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Bluebook (online)
New York § 339-T, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/RPP/339-T.