| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| May 15, 2024 |
referred to housing, construction and community development |
Senate Bill S9447
2023-2024 Legislative Session
Sponsored By
(R, C) 57th Senate District
Archive: Last Bill Status - In Senate Committee Housing, Construction And Community Development Committee
Actions
2023-S9447 (ACTIVE) - Details
- Current Committee:
- Senate Housing, Construction And Community Development
- Law Section:
- Real Property Actions and Proceedings Law
- Laws Affected:
- Amd §1351, RPAP L
- Versions Introduced in 2025-2026 Legislative Session:
-
S3548
2023-S9447 (ACTIVE) - Sponsor Memo
BILL NUMBER: S9447
SPONSOR: BORRELLO
TITLE OF BILL:
An act to amend the real property actions and proceedings law, in
relation to the sale of a mortgaged premises after a judgment of sale
has been entered
PURPOSE OR GENERAL IDEA OF BILL:
This bill relates to the sale of a mortgaged premises after a judgment
of sale has been entered.
SUMMARY OF PROVISIONS:
Section 1. Subdivision 1 of section 1351 of the real property actions
and proceedings law is amended and states, the judgment shall direct
that the mortgaged debt, the expenses of the sale and the costs of the
action, and which may be sold separately without material injury to the
parties interested, be sold by or under the direction of the sheriff of
the county, or a referee within forty-five days of the date of the judg-
2023-S9447 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
9447
I N S E N A T E
May 15, 2024
___________
Introduced by Sen. BORRELLO -- read twice and ordered printed, and when
printed to be committed to the Committee on Housing, Construction and
Community Development
AN ACT to amend the real property actions and proceedings law, in
relation to the sale of a mortgaged premises after a judgment of sale
has been entered
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 1351 of the real property actions
and proceedings law, as amended by chapter 269 of the laws of 2020, is
amended to read as follows:
1. The judgment shall direct that the mortgaged premises, or so much
thereof as may be sufficient to discharge the mortgage debt, the
expenses of the sale and the costs of the action, and which may be sold
separately without material injury to the parties interested, be sold by
or under the direction of the sheriff of the county, or a referee within
[ninety] FORTY-FIVE days of the date of the judgment. The judgment shall
also include the name and telephone number of the mortgage servicer for
a plaintiff involving a mortgage foreclosure of a one- to four-family
residential property.
§ 2. This act shall take effect on the one hundred eightieth day after
it shall have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15292-01-4
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