Legal Question in Real Estate Law in New York

I bought land on a tax auction. Land was owned by a Land corporation until 1982. The land corp officially dissolved in 1982. The lot in question has what is called a common area. Since land corp stopped paying taxes,then dissolved it was sold to private party.. Do I have to abide to the common area rules? (Allow local land owners to park cars.etc)

Thank you


Asked on 6/08/15, 4:40 pm

1 Answer from Attorneys
kevin connolly Kevin J. Connolly

Much depends on exact facts...but most likely you are still bound by those rules because you don't own the property: you are a lienor not an owner. In most counties, you have to enforce the tax lien through foreclosure. Feel free to contact me if you want more info 516-242-1453

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Answered on 6/08/15, 5:04 pm


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