If you owe back property tax, water charges, or other charges such as sidewalk repair charges or vacant lot cleaning charges, the City may send you a Notice of Intent to Sell a Tax Lien. Notices are mailed 90 days, 60 days, 30 days and again 10 days before the lien sale.
When the City sells a lien, it is not selling your property. The lienholder does not take title to your property. The lienholder purchases the right to collect the money that you owe the City. Ultimately, however, if you do not pay what is owed, the lienholder can begin a formal foreclosure proceeding in court.
If you are a senior, veteran, person with a disability or on active military duty, you may be eligible for a property tax reduction that could prevent the sale of a lien on your property.
Your property may also be excluded from the sale if you received the New York State Real Property Tax Credit
for Homeowners (the "Circuit Breaker" credit) for Tax Year 2010.
If you received a lien sale notice, you should contact the Department of Finance, the Department of Environmental Protection, or the Department of Housing Preservation and Development to discuss the amount due or make payments. Payments must be made by August 1, 2011. Payment plans may be available.