New York Laws
Article 5 - Finances
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.