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NY S05357

Bill

Official Source

Status

Passed

12/23/2020

Primary Sponsor

Leroy Comrie

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Amends the Real Property Actions and Proceedings Law to modify the definition of "tenant" in mortgage foreclosure proceedings.
  • Removes the requirement that a tenant must be identified on a lease "at the time the notice required by subdivision four of section thirteen hundred three" is served.
  • Expands the definition to include any person appearing as a lessee on a subordinate lease or party to an oral or implied rental agreement with the mortgagor, regardless of timing.
  • Takes effect January 1st following enactment and applies to foreclosure actions commenced on or after that date.

Legislative Description

Expands the definition of "tenant" for the purposes of required notice during a mortgage foreclosure action.

Last Action

approval memo.57

12/23/2020

Committee Referrals

Rules7/21/2020
Judiciary3/7/2019
Housing, Construction, and Community Development1/8/2020
Judiciary6/14/2019
Housing, Construction, and Community Development4/29/2019

Full Bill Text

No bill text available