September 26, 2016
Advantage Title: Industry Bulletin 2016-03
New York City Amnesty Program
The City of New York is reducing penalties and interest for many violations issued by the Department of Sanitation, Department of Buildings, and other city agencies.
Violations must have gone to judgment. This means the City of New York has taken the legal step of filing a public record of the liability in court for the entire amount due, plus additional interest. Criminal violations and violations over $25,000 are excluded. Other limitations, exclusions and eligibility requirements apply.
Amnesty will run through December 12, 2016
For detailed information, please visit the NYC Department of Finance website
at www1.nyc.gov/site/finance/taxes/forgiving-fines-the-nyc-amnesty-program.page.
Please add bulletins@advantagetitle.com to your safe senders list to ensure delivery.
|