N.Y. Real Property Law 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.

Source: Section 339-R — Blanket mortgages and other blanket liens affecting a unit at time of first conveyance, https://www.­nysenate.­gov/legislation/laws/RPP/339-R (updated Sep. 22, 2014; accessed Oct. 26, 2024).

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 339-R’s source at nysenate​.gov

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