NY S09572

Requires tax districts to post notice of property auctions on the property's front door or equivalent location 14 days prior to the auction.

Entitles former owners of residential, farm, and commercial property to any surplus proceeds resulting from tax foreclosure sales, defined as amounts remaining after payment of taxes, interest, liens, and administrative fees.

Directs the enforcing officer to report surplus amounts to the court, which shall direct deposit of surplus funds with the county treasurer or commissioner of finance held in trust for at least three years.

Requires municipalities to notify property owners when their property generates surplus proceeds from a tax foreclosure auction and provide information on how to claim the surplus.

Applies the surplus proceeds requirement to all counties, cities, towns, and villages in New York State.