NY State — NY Real Property Actions & Proceedings Law

§ 779 — SECTION 779 Presentation or settlement of accounts

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Statute text reproduced from nysenate.gov. Not attorney-reviewed for your situation — for reference only.

What is NY RPAPL § 779?

Quick Answer

This section mandates the maintenance of written accounts detailing receipts and expenditures under specific court orders. These accounts are open for inspection by the owner, mortgagees, lienors, and other interested parties. The statute also allows for the presentation or settlement of accounts upon court motion. Applies to property owners and interested parties in housing maintenance matters.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 779 SECTION 779 Presentation or settlement of accounts

RPAPL § 779

The court shall require the keeping of written accounts itemizing the receipts and expenditures under an order issued pursuant to section seven hundred seventy-six or seven hundred seventy-seven of this article, which shall be open to inspection by the owner, any mortgagee or lienor or any other person having an interest in such receipts or expenditures provided, however, notwithstanding any other provision of law to the contrary, such information as may be in the possession of the city of New York with the department charged with the enforcement of the housing maintenance code of such city shall be available from such department for inspection only by the owner, tenant of such property, or person having a recorded interest in the property. Upon motion of the court or the administrator or of the owner, any mortgagee or lienor of record or of any person having an interest, the court may require a presentation or settlement of the accounts with respect thereto. Notice of a motion for presentation or settlement of such accounts shall be served on the owner, any mortgagee or other lienor of record who appeared in the proceeding and any person having an interest in such receipts or expenditures.

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