N.Y. Real Property Law 16 – Liabilities of noncitizen holders of real property
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§ 16. Liabilities of noncitizen holders of real property. Every noncitizen holding real property in this state is subject to duties, assessments, taxes and burdens as if such noncitizen were a citizen of the state.
Terms Used In N.Y. Real Property Law 16
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.