A3661-2011 Actions

• Jan 4, 2012: referred to housing
• Jan 26, 2011: referred to housing

A3661-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         3661
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 January 26, 2011
 
 Introduced  by  M. of A. CAMARA, JAFFEE, JEFFRIES, CASTRO -- Multi-Spon
 sored by -- M. of A.   BOYLAND,  BRENNAN,  CLARK,  GOTTFRIED,  LENTOL,
 RUSSELL,  WEISENBERG  --  read  once  and referred to the Committee on
 Housing
 

AN ACT to amend the  real  property  actions  and  proceedings  law,  in
 relation  to  granting  certain  tenants the right to relocation costs
 from the proceeds of a foreclosure sale
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section  1. 

Section 1354 of the real property actions and proceedings
 law is amended by adding a new subdivision 2-a to read as follows:

 2-A. THE OFFICER CONDUCTING THE SALE SHALL PAY OUT  OF  THE  PROCEEDS,
 THE  RELOCATION  COSTS,  NOT EXCEEDING ONE THOUSAND FIVE HUNDRED DOLLARS
 PER LESSEE, OF ANY LESSEE OF AN INTEREST IN THE  PROPERTY  SOLD  WHO  IS
 REQUIRED  TO VACATE THE REAL PROPERTY PRIOR TO THE TERMINATION OF HIS OR
 HER LEASE.
 

S 2. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04068-01-1

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