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What is NYC RCNY § 43-04?

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(a) Within fifteen days of closing of a sale with the referee pursuant to a judgment of foreclosure of residential real property in the city of New York for which notification of the mortgage foreclosure action was required pursuant to subdivision a of 28 RCNY § 43-01, the mortgagee must provide notice to the Departmen

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§ 43-04 [Closing of Sale; Notice.]

RCNY § 43-04

(a)Within fifteen days of closing of a sale with the referee pursuant to a judgment of foreclosure of residential real property in the city of New York for which notification of the mortgage foreclosure action was required pursuant to subdivision a of 28 RCNY § 43-01, the mortgagee must provide notice to the Department of such closing of sale by electronic submission, if possible, or by regular mail, in a form prescribed by the Department. The form is available on the Department's website, at its offices at 100 Gold Street, New York, or by dialing 311 and requesting the form.

(b)The notice provided to the Department pursuant to subdivision a of this section must include the following information: (1) all of the information required under 28 RCNY § 43-01 if an initial notice of commencement of foreclosure was not provided to the Department; (2) the sale price of the property; and (3) the name, mailing address, and telephone number of the purchaser of the property.

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