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NYC Administrative Code

§ 11-339 — City may purchase at sale.

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What is NYC AC § 11-339?

Quick Answer

This section allows the city to purchase properties at a sale resulting from a tax lien foreclosure judgment or any sale free of tax liens, without requiring additional authorization. Applies to property owners involved in tax lien sales.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 11-339 City may purchase at sale.

AC § 11-339

At a sale pursuant to judgment in an action to foreclose a tax lien or at any sale free of tax liens, the city, without authorization other than hereby given, may purchase any property that is the subject of the sale.

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