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NY State — NY Real Property Actions & Proceedings Law

§ 1081 — SECTION 1081 Certain provisions made applicable

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

What is NY RPAPL § 1081?

Quick Answer

This section establishes that provisions of law regarding sales in partition, including the distribution, investment, and care of proceeds, apply to sales conducted under the specified article. The statute ensures that similar legal frameworks govern the sale and proceeds distribution as outlined in section 1079. Applies to parties involved in property sales and distributions.

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

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§ 1081 SECTION 1081 Certain provisions made applicable

RPAPL § 1081

The provisions of law relating to a sale in partition and to the distribution, investment, and care of the proceeds, apply, as far as they are applicable, to a sale made as prescribed in this article and to the distribution of the proceeds of a sale, as prescribed in section 1079.

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