TheLCN-
The buyer of a property parcel at the Livingston County tax auction in July has been informed that the county needs to postpone transfer of the title to him pending resolution of the bankruptcy of the previous owner.
The proceeding has been complicated by the former owner’s claim that the county’s seizure of the title is fraudulent under the bankruptcy.
Livingston County Attorney David Morris has stated that the legal strategy being used to thwart county property foreclosure has, in this instance, potential to “lead to a real mess for all counties, not just Livingston.”
New York State counties are legally empowered to seize through foreclosure the title and full value of any parcel for which property tax, or a component thereof, has gone unpaid for more than two years.
[THELCN]
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