Statute · New York Real Property Actions & Proceedings Law
N.Y. Real Prop. Acts. Law § 962 — Payment of proceeds into court where there are liens
N.Y. Real Prop. Acts. Law § 962
- Type
- Statute
- Source
- New York Real Property Actions & Proceedings Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 962. Payment of proceeds into court where there are liens. If there is any existing lien upon the share or interest of a party in the property, the interlocutory judgment directing the sale shall direct the officer making it to pay into court the portion of the money arising from the sale of…
Citator
N.Y. Real Prop. Acts. Law § 962 — Payment of proceeds into court where there are liens is in force in the current edition of the Code, and nothing recorded condemns it.
§ 962. Payment of proceeds into court where there are liens. If there is any existing lien upon the share or interest of a party in the property, the interlocutory judgment directing the sale shall direct the officer making it to pay into court the portion of the money arising from the sale of the share or interest of that party after deducting the portion of the costs and expenses for which it is liable.