Closings glossary
Violation (cited against the premises)
An agency record that a condition at a property does not comply with a code or rule. It attaches to the premises and follows the property through a sale.
What happens to a violation when a building is sold?
Quick Answer
The full definition
An agency record that a condition at a property does not comply with a code or rule. It attaches to the premises and follows the property through a sale.
Where does violation (cited against the premises) come up in a New York City closing?
An HPD lead paint violation on a Bronx building is still open at closing, so the buyer takes it, and the contract sets who funds the repair.
What else should you read before closing?
In the glossary
- Certificate of CorrectionThe filing that certifies to a City agency that a cited condition has been corrected. Acceptance by the agency, not the repair itself, is what clos...
- ECB judgmentThe judgment entered on an unpaid or defaulted summons heard at OATH (formerly ECB). It is a collectible City debt tied to the respondent and to th...
- OATH Hearings DivisionThe City tribunal, OATH (formerly ECB), that adjudicates summonses from most New York City enforcement agencies. Unpaid or defaulted summonses beco...
- Open permitA DOB permit filed for work that was never signed off. Closing it usually means a licensed professional filing for inspection or formally withdrawi...
- Municipal searchThe record search covering agency violations, municipal arrears and occupancy documents for a property. It runs alongside the land records search r...
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