Statute · New York Real Property Law
N.Y. Real Prop. Law § 339-r — Blanket mortgages and other blanket liens affecting a unit at time of first conveyance
N.Y. Real Prop. Law § 339-r
- Type
- Statute
- Source
- New York Real Property Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 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…
Citator
N.Y. Real Prop. Law § 339-r — Blanket mortgages and other blanket liens affecting a unit at time of first conveyance is in force in the current edition of the Code, and nothing recorded condemns it.
§ 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.