New York § 324 Effect of recording assignment of mortgage

New York Statutes

§ 324 — Effect of recording assignment of mortgage

New York § 324

Law RPPReal Property

Art. 9Recording Instruments Affecting Real Property

This text of New York § 324 (Effect of recording assignment of mortgage) 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 § 324 (2026).

Text

  § 324. Effect of recording assignment of mortgage. The recording of an\nassignment of a mortgage is not in itself a notice of such assignment to\na mortgagor, his heirs or personal representatives, or to an owner of\nthe mortgaged premises where such assignment is recorded subsequent to\nthe recording of the conveyance of such premises to such owner, so as to\ninvalidate a payment made by either of them to the mortgagee or to a\nprior assignee of the mortgage.\n

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§ 324. Effect of recording assignment of mortgage. The recording of an\nassignment of a mortgage is not in itself a notice of such assignment to\na mortgagor, his heirs or personal representatives, or to an owner of\nthe mortgaged premises where such assignment is recorded subsequent to\nthe recording of the conveyance of such premises to such owner, so as to\ninvalidate a payment made by either of them to the mortgagee or to a\nprior assignee of the mortgage.\n