New York § 194 Surplus proceeds of sale under purchase-money mortgages

New York Statutes

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

New York § 194

Law RPPReal Property

Art. 6Dower and Curtesy

This text of New York § 194 (Surplus proceeds of sale under purchase-money mortgages) 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. Real Property § 194 (2026).

Text

  § 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

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§ 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