N.Y. Real Property Tax Law § 1114: Redemption of a partial interest

§ 1114. Redemption of a partial interest. 1. A person having an

interest in a specific or an undivided part of any parcel subject to a

delinquent tax lien, or in an undivided share in any parcel out of which

an undivided part is subject to such lien, may redeem such part or share

by paying the portion of the total amount required for redemption as is

in proportion to the portion of the taxable assessed value of such

property attributable to such interest.

2. Such payment shall be accompanied by an apportionment of such

taxable assessed value prepared by the assessor of the assessing unit in

which such property is located in the manner prescribed by section nine

hundred thirty-two of this chapter, or such other law as may be

applicable, and the rules of the commissioner relating thereto.

3. When a partial interest is redeemed in a parcel which has been

included on a list of delinquent taxes that has been filed pursuant to

section eleven hundred twenty-two of this article, but some or all of

the remainder of the parcel remains unredeemed, the enforcing officer

shall, upon request, issue a certificate of redemption, describing the

part or share of the parcel so redeemed as it was described on the

apportionment provided by the assessor pursuant to the applicable law

and rules. Upon the filing of such certificate with the county clerk,

the county clerk shall enter on such list the notation "partially

redeemed" and the date of the filing, opposite the description of such

parcel. The notation "partially redeemed" shall have no effect upon the

notice of pendency relating to the portion of the parcel on which taxes

remain unpaid.