Home  > For Everyone  > Real Estate  > Home Foreclosure  > N.Y. Real Property Actions & Proceedings Law 1352 - Judgment foreclosing right of redemption 
Search the New York Laws

N.Y. Real Property Actions & Proceedings Law 1352 - Judgment foreclosing right of redemption

New York Laws > Real Property Actions & Proceedings > Article 13 > § 1352 - Judgment foreclosing right of redemption


Current as of: 2010

ยง 1352. Judgment foreclosing right of redemption. Where real property has been sold pursuant to a judgment in an action to foreclose a mortgage, and an action is thereafter brought to foreclose or extinguish a right of redemption in such real property, the judgment, instead of directing a sale of the property, shall fix the right of any person having a right of redemption therein or the right to foreclose a subordinate mortgage or other lien and shall provide that a failure to redeem or commence an action for the foreclosure of such mortgage or other lien within such time shall preclude such person having a right of redemption or the holder of such mortgage or other lien from redeeming such property or foreclosing such mortgage or other lien, and thereafter such person having a right of redemption or the holder of such mortgage or other lien shall be excluded from claiming any title or interest in such property and all title or interests of such person having a right of redemption in, or the right to foreclose a subordinate mortgage or other lien against such property shall thereby be extinguished and terminated.

previous sectionArticle 13 Table of Contentsnext section

________________________________________________________________________

Questions & Answers: Home Foreclosure

Obviously the laws are different in Cassville wisconsin at Royal bank! as we have not been in default of our payments! and are current! they never informed us that the loan maturi...
Is Hawaii a recourse state? Does recourse end after foreclosure sale?...
How many days has to be given to cure default?...

New York Laws: Home Foreclosure

New York Laws - Not-For-Profit Corporation > Article 16 - Land Banks
New York Laws - Real Property Actions & Proceedings > Article 13 - Action To Foreclose A Mortgage

U.S. Code Provisions: Home Foreclosure

U.S. Code > Title 12 > Chapter 38 - Multifamily Mortgage Foreclosure
U.S. Code > Title 12 > Chapter 38A - Single Family Mortgage Foreclosure

Related Articles: Home Foreclosure

 How to Avoid Foreclosure
 The Foreclosure Process
Comments (0)add comment

Post a comment or question below.
smaller | bigger

busy
 
Email  Email Print  Print   Digg

Alperin Law
Virgina Beach, VA Residential and Commercial Real Estate, Business and Estate Planning Law Firm

4605 Pembroke Lake Circle, Suite 300
Virginia Beach, Virginia 23455
Practice Areas: Real Estate
www.alperinlaw.com/
monotone-frail