NY State — NY Real Property Actions & Proceedings Law

§ 1079 — SECTION 1079 Final judgment upon confirming sale

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

What is NY RPAPL § 1079?

Quick Answer

This section outlines the process for rendering a final judgment upon confirming a sale, including the court's responsibility to determine the rights and interests of the parties in the sale proceeds. It specifies the calculation of the plaintiff's dower and the distribution of remaining proceeds. Applies to parties involved in property sales and their respective interests.

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

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§ 1079 SECTION 1079 Final judgment upon confirming sale

RPAPL § 1079

Upon confirming the sale, the court must ascertain, by a reference or otherwise, the rights and interests of each of the parties in and to the proceeds of the sale, and also what gross sum of money is equal to the value of the plaintiff's dower in the net proceeds of the sale, calculated upon the principles applicable to life annuities. The court must thereupon render final judgment confirming the sale and directing that the gross sum so ascertained be paid to the plaintiff, in full satisfaction of her right of dower and that the remainder of the proceeds of the sale be distributed among the persons entitled thereto.

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