State Codes and Statutes

Statutes > New-york > Rpp > Article-9 > 324

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

State Codes and Statutes

Statutes > New-york > Rpp > Article-9 > 324

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

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rpp > Article-9 > 324

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