New York Statutes

§ 1170 — Deed in lieu of foreclosure

New York·Law RPT Real Property Tax·Title 4 General Provisions·Art. 11 Procedures For Enforcement of Collection of Delinquent Taxes
§ 1170. Deed in lieu of foreclosure. Any tax district may, when\nauthorized by resolution of its governing body and in lieu of\nprosecuting a proceeding to foreclose a tax lien on any parcel of real\nproperty pursuant to this article, accept a conveyance of the interest\nof any person having any right, title, interest, claim, lien or equity\nof redemption in or to such parcel.\n

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