Statutes, codes, and regulations
Consolidated Laws of New York
Chapter - REAL PROPERTY
Article 9-B - CONDOMINIUM ACT
Section 339-R - Blanket mortgages and other blanket liens affecting a unit at time of first conveyance

N.Y. Real Prop. Law § 339-R

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Current through 2024 NY Law Chapter 553
Section 339-R - Blanket mortgages and other blanket liens affecting a unit at time of first conveyance

At the time of the first conveyance of each unit, every mortgage and other lien affecting such unit and any other unit shall be paid and satisfied of record, or the unit being conveyed and its common interest shall be released therefrom by partial release duly recorded.

N.Y. Real Prop. Law § 339-R