New York Real Property Actions & Proceedings - Article 13 - § 1301 Separate Action for Mortgage Debt
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New York Laws > New York Real Property Actions & Proceedings (RPA) > New York Real Property Actions & Proceedings - Article 13 - § 1301 Separate Action for Mortgage Debt
§ 1301. Separate action for mortgage debt. 1. Where final judgment
for the plaintiff has been rendered in an action to recover any part of
the mortgage debt, an action shall not be commenced or maintained to
foreclose the mortgage, unless an execution against the property of the
defendant has been issued upon the judgment to the sheriff of the county
where he resides, if he resides within the state, or if he resides
without the state, to the sheriff of the county where the judgment-roll
is filed; and has been returned wholly or partly unsatisfied.
2. The complaint shall state whether any other action has been brought
to recover any part of the mortgage debt, and, if so, whether any part
has been collected.
3. While the action is pending or after final judgment for the
plaintiff therein, no other action shall be commenced or maintained to
recover any part of the mortgage debt, without leave of the court in
which the former action was brought.
Section: Article 13 1301 1302 1303 1304 1305 1306 1307 1311 1312 1313 1315 1320 1321 1325
Last modified: February 18, 2012
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