N.Y. Real Prop. Acts. Law § 964

Current through 2024 NY Law Chapter 553
Section 964 - Payment of proceeds into court in cases involving decedent's property

Where the property has been sold free from the lien of debts, a final judgment, entered before eighteen months have elapsed from the granting of letters of administration or letters testamentary upon the estate of a decedent from whom the plaintiff derived his title, shall direct that the proceeds of the sale remaining after the payment of the costs, referee's fees, expenses of sale, and liens established before the death of the decedent, including any sum allowed to a widow in satisfaction of her right of dower, therein directed to be paid, be paid forthwith into court by the referee making such sale.

A final judgment in such case, entered before eighteen months have elapsed from the granting of letters of administration or letters testamentary upon the estate of a deceased person, who, if living, should be a party to the action, shall direct that the share of the proceeds of such sale, which would have been his, if living, be paid into court by such referee.

N.Y. Real Prop. Acts. Law § 964