New York Statutes

§ 249 — Covenants in mortgages

New York·Law RPP Real Property·Art. 8 Conveyances and Mortgages
§ 249. Covenants in mortgages. A mortgage of real property does not\nimply a covenant for the payment of the sum intended to be secured; and\nwhere such covenant is not expressed in the mortgage, or a bond or other\nseparate instrument to secure such payment has not been given, the\nremedies of the mortgagee are confined to the property mentioned in the\nmortgage.\n

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Related

Kawai America Corp. v. Hilton
205 A.D.2d 1021 (Appellate Division of the Supreme Court of New York, 1994)
8 case citations

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