ECB judgment

The full definition

The judgment entered on an unpaid or defaulted summons heard at OATH (formerly ECB). It is a collectible City debt tied to the respondent and to the cited premises.

Which related terms should you know?

These are the terms that come up alongside ecb judgment in the same file.

OATH Hearings Division

The City tribunal, OATH (formerly ECB), that adjudicates summonses from most New York City enforcement agencies. Unpaid or defaulted summonses become collectible judgments.

Violation (cited against the premises)

An agency record that a condition at a property does not comply with a code or rule. It attaches to the premises and follows the property through a sale.

Certificate of Correction

The filing that certifies to a City agency that a cited condition has been corrected. Acceptance by the agency, not the repair itself, is what closes the violation in the record.

Escrow (at closing)

Funds or documents held by a neutral party until stated conditions are satisfied. At a New York closing it usually means a holdback from proceeds under a written escrow agreement.

Judgment lien

A lien created by docketing a money judgment against the owner. It reaches real property in the county of docketing and is a routine payoff item at a closing.

What else should you read before closing?