N.Y. Village Law § 5-516: Lien of special assessment

§ 5-516 Lien of special assessment. 1. Any provision of law to the

contrary notwithstanding, in any case in which a special or local

assessment is levied against real property a lien shall attach as of the

time when the assessment is confirmed by the body authorized to finally

determine the amount of such assessment, and shall continue until paid

or cancelled as herein below provided, which lien shall have the same

priority as a village tax.

2. Whenever an assessment remains unpaid and is included in the annual

tax levy, as provided in section 5-518, the lien thereof shall be

cancelled as of the date upon which the annual tax becomes a lien and

the lien of the annual tax shall include the amount of such assessment,

with penalties.

3. Whenever an assessment remains unpaid and is thereafter divided

into annual installments so as to retire obligations as they mature, the

lien thereof shall be cancelled as of the date of such division and at

that time a lien in the amount of the first installment shall attach,

which lien shall continue until cancelled by inclusion of such

installment in the next succeeding annual tax levy, in the manner

provided above. Subsequent installments, unless prepaid as provided in

section 5-518 of this article, shall become liens on the respective

anniversary dates of such division and such liens shall be cancelled in

the same manner.