What liens am I responsible for buying a property from an auction?

Buying a property for NYC government

Asked on July 17, 2018 under Real Estate Law, New York


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 2 years ago | Contributor

If the government auction is a tax sale--that is, the property is being sold due to unpaid taxes--the auction should eliminate or cut off all then-existing liens except for any other tax liens (e.g. imposed by some other level of government--the city cannot compromise another level of government's rights). If the city came to own and sell the property in some other way other than delinquent taxes, however, the auction would not cut off any liens.

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