State Codes and Statutes

Statutes > New-york > Rpa > Article-7 > 767

§  767.  Order  of  redemption;  liability of persons redeeming.   The  person redeeming, as prescribed in this article  or  the  owner  of  the  property  so redeemed, may present to the court which issued the warrant  a petition setting forth the facts of the redemption and praying for  an  order  establishing  the  rights and liabilities of the parties upon the  redemption, whereupon the court must make an order requiring  the  other  party  to  the  redemption  to  show  cause  at a time and place therein  specified why the prayer of the petition  should  not  be  granted.  The  order  to  show cause must be made returnable not less than two nor more  than ten days after it is granted; and it must be served  at  least  two  days  before  it  is returnable. Upon the return thereof, the court must  hear the allegations and proofs of the parties  and  must  make  such  a  judgment as justice requires. The costs and expenses must be paid by the  petitioner.  The  judgment, or a certified copy thereof, may be recorded  in like manner as a deed. A person, other than the lessee,  who  redeems  as prescribed in this article succeeds to all the duties and liabilities  of the lessee accruing after the redemption as if he was named as lessee  in the lease.

State Codes and Statutes

Statutes > New-york > Rpa > Article-7 > 767

§  767.  Order  of  redemption;  liability of persons redeeming.   The  person redeeming, as prescribed in this article  or  the  owner  of  the  property  so redeemed, may present to the court which issued the warrant  a petition setting forth the facts of the redemption and praying for  an  order  establishing  the  rights and liabilities of the parties upon the  redemption, whereupon the court must make an order requiring  the  other  party  to  the  redemption  to  show  cause  at a time and place therein  specified why the prayer of the petition  should  not  be  granted.  The  order  to  show cause must be made returnable not less than two nor more  than ten days after it is granted; and it must be served  at  least  two  days  before  it  is returnable. Upon the return thereof, the court must  hear the allegations and proofs of the parties  and  must  make  such  a  judgment as justice requires. The costs and expenses must be paid by the  petitioner.  The  judgment, or a certified copy thereof, may be recorded  in like manner as a deed. A person, other than the lessee,  who  redeems  as prescribed in this article succeeds to all the duties and liabilities  of the lessee accruing after the redemption as if he was named as lessee  in the lease.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rpa > Article-7 > 767

§  767.  Order  of  redemption;  liability of persons redeeming.   The  person redeeming, as prescribed in this article  or  the  owner  of  the  property  so redeemed, may present to the court which issued the warrant  a petition setting forth the facts of the redemption and praying for  an  order  establishing  the  rights and liabilities of the parties upon the  redemption, whereupon the court must make an order requiring  the  other  party  to  the  redemption  to  show  cause  at a time and place therein  specified why the prayer of the petition  should  not  be  granted.  The  order  to  show cause must be made returnable not less than two nor more  than ten days after it is granted; and it must be served  at  least  two  days  before  it  is returnable. Upon the return thereof, the court must  hear the allegations and proofs of the parties  and  must  make  such  a  judgment as justice requires. The costs and expenses must be paid by the  petitioner.  The  judgment, or a certified copy thereof, may be recorded  in like manner as a deed. A person, other than the lessee,  who  redeems  as prescribed in this article succeeds to all the duties and liabilities  of the lessee accruing after the redemption as if he was named as lessee  in the lease.