City of Hudson, NY
Columbia County
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Table of Contents
Table of Contents
[Adopted 4-19-2011 by L.L. No. 2-2011]
The City Treasurer, prior to auction of parcels acquired in Real Property Law Article 11,[1] may permit the previous owner of record to repurchase his or her parcel through release of the City's interest. The purchase price of such parcel shall be the total of the outstanding real property taxes, assessments, charges, interest, fees and penalties due and owing prior to the expiration of the redemption period, plus any interest and charges which have accrued up to the time the release of the City's interest as approved. All releases of the City's interest must be approved by a 3/4 vote of the Common Council. Notice of the right to redeem shall be sent by certified mail and regular mail to the aforesaid owner's last address within 30 days of a court order conveying title to the premises to the City of Hudson. Any owner wishing to avail himself of the option to redeem must notify the City Treasurer by certified mail or personal service of his or her repurchase within 30 days from when notice is sent. To redeem, the homeowner must tender a certified check constituting the entire purchase price of said parcel.
Editor's Note: See Real Property Tax Law Article 11, Title 3.
Should a homeowner exercise his option to redeem pursuant to Subsection A, the City Attorney shall effect the release of the City's interest in the property acquired by tax sale by preparing and submitting to the appropriate court an order discontinuing the in rem tax foreclosure action as to said property, canceling the notice of pendency of such action as to said property, and vacating and setting aside the judgment of foreclosure and the deed executed and recorded pursuant to such judgment of foreclosure as to said property. The entry of such order shall restore all parties, including owners, mortgagees and any and all lienors, receivers and administrators and encumbrancers, to the status they held at the time the City acquired title to said property, as if the judgment had never been rendered, and shall render said property liable for all taxes, deficiencies, mortgages, fees and liens, penalties, interest, and other charges which shall accrue subsequent to those paid in order to obtain the release provided for in this section, or which were, for whatever reason, omitted from the payment made to obtain such release.