Legal Question in Real Estate Law in New York

If the owner of a residential property with no mortgage fails to pay real estate tax, can he lose the house or end up with a lien attached to the house but can continue to live in the house? Social security is the only income for her and she is old (72).


Asked on 3/05/12, 4:11 pm

1 Answer from Attorneys
Walter LeVine Walter D. LeVine, Esq.

If she does not pay her taxes, at some time, usually after one year, the tax lien is sold. The Buyer of the lien can bring a suit to foreclose and if the lien is not paid, the house can be sold. Until the Buyer of the lien takes some action, interest accrues and the homeowner can continue to live in the house.

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Answered on 3/05/12, 7:28 pm


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