New York Statutes

§ 1931 — Discharge of record of ancient mortgages presumed paid

New York·Law RPA Real Property Actions & Proceedings·Art. 19 Discharge or Extinguishment of Encumbrances, Claims and Interests
§ 1931. Discharge of record of ancient mortgages presumed paid. 1.\nThe mortgagor, his heirs or any person having any interest in any lands\ndescribed in any mortgage of real estate in this state, which is\nrecorded in this state, or mentioned in a deed recorded in this state,\nand which, from the lapse of time, is presumed to be paid, or in any\nmoneys into which said lands have been converted under a decree of a\ncourt of competent jurisdiction, and which are held in place of such\nlands to answer such mortgage, may present his petition together with an\nofficial search of the recording officer in whose office the mortgage is\nrecorded, or a search prepared by a person duly licensed and admitted to\npractice law in this state or by a title company duly incorporated and\nauthorized to

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