New York Statutes

§ 194 — Surplus proceeds of sale under purchase-money mortgages

New York·Law RPP Real Property·Art. 6 Dower and Curtesy
§ 194. Surplus proceeds of sale under purchase-money mortgages.\nWhere, in a case specified in the last section, the mortgagee, or a\nperson claiming under him, causes the land mortgaged to be sold, after\nthe death of the husband, either under a power of sale contained in the\nmortgage, or by virtue of a judgment in an action to foreclose the\nmortgage, and any surplus remains, after payment of the money due on the\nmortgage and the costs and charges of the sale, the widow is\nnevertheless entitled to the interest or income of one-third part of the\nsurplus for her life, as her dower.\n

Free access — add to your briefcase to read the full text and ask questions with AI

New York § 194 (Surplus proceeds of sale under purchase-money mortgages) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

12
View on official source ↗