[Adopted 12-18-1995 by L.L. No. 1-1996]
Article 11 of the Real Property Tax Law, as amended, establishes new procedures for the enforcement of delinquent real property taxes, beginning with taxes becoming liens on and after January 1, 1995. Section 1110 of the Real Property Tax Law prescribes a standard redemption period of two years after lien date. Section 8(b) of Chapter 602 of the Laws of 1993, as amended, allows a tax district to adopt a local law phasing in the standard two-year redemption period with regard to taxes becoming liens in 1995 and 1996. The purpose of this article is to phase in the standard two-year redemption period as authorized by law.
[1]
Editor's Note: Amended at time of adoption of Code (see Ch. 1, General Provisions, Art. I).
A. 
The standard two year redemption period provided by § 1110 of the Real Property Tax Law shall be phased in as follows:
(1) 
For taxes becoming liens in 1995, the redemption period shall expire four years after lien date as provided by Local Law No. 8 of 1994;
(2) 
For taxes becoming liens in 1996, the redemption period shall expire three years after lien date; and
(3) 
For taxes becoming liens after 1996, the standard two-year redemption period provided by § 1110 of the Real Property Tax Law shall apply.