Statute · New York Real Property Law
N.Y. Real Prop. Law § 249 — Covenants in mortgages
N.Y. Real Prop. Law § 249
- Type
- Statute
- Source
- New York Real Property Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 249. Covenants in mortgages. A mortgage of real property does not imply a covenant for the payment of the sum intended to be secured; and where such covenant is not expressed in the mortgage, or a bond or other separate instrument to secure such payment has not been given, the remedies of the…
Citator
N.Y. Real Prop. Law § 249 — Covenants in mortgages is in force in the current edition of the Code, and nothing recorded condemns it.
§ 249. Covenants in mortgages. A mortgage of real property does not imply a covenant for the payment of the sum intended to be secured; and where such covenant is not expressed in the mortgage, or a bond or other separate instrument to secure such payment has not been given, the remedies of the mortgagee are confined to the property mentioned in the mortgage.