New York § 12-2.5 Title of bona fide purchaser from distributee or testamentary

New York Statutes

§ 12-2.5 — Title of bona fide purchaser from distributee or testamentary

New York § 12-2.5

Law EPTEstates, Powers & Trusts

Part 2Rules Governing Action to Enforce Liability

Art. 12Actions By Creditors and Other Persons Against Distributees and Testamentary Beneficiaries

This text of New York § 12-2.5 (Title of bona fide purchaser from distributee or testamentary) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Estates, Powers & Trusts § 12-2.5 (2026).

Text

§ 12-2.5 Title of bona fide purchaser from distributee or testamentary\n           beneficiary protected\n  The entry and filing of a judgment recovered against a distributee or\ntestamentary beneficiary in an action brought under this article does\nnot affect the rights of a prior purchaser, in good faith and for\nvaluable consideration, from such distributee or beneficiary of any\nproperty of the decedent which would otherwise be subject to such\njudgment, unless, in the case of real property, a notice of pendency had\nbeen filed prior to such purchase.  When the subsequent purchaser is\nprotected, the judgment is enforceable against the judgment debtor to\nthe extent of the net proceeds received by him upon the disposition of\nthe property.\n

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§ 12-2.5 Title of bona fide purchaser from distributee or testamentary\n beneficiary protected\n The entry and filing of a judgment recovered against a distributee or\ntestamentary beneficiary in an action brought under this article does\nnot affect the rights of a prior purchaser, in good faith and for\nvaluable consideration, from such distributee or beneficiary of any\nproperty of the decedent which would otherwise be subject to such\njudgment, unless, in the case of real property, a notice of pendency had\nbeen filed prior to such purchase. When the subsequent purchaser is\nprotected, the judgment is enforceable against the judgment debtor to\nthe extent of the net proceeds received by him upon the disposition of\nthe property.\n