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NY State — NY Real Property Actions & Proceedings Law

§ 1612 — SECTION 1612 Report of agreement for confirmation

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

What is NY RPAPL § 1612?

Quick Answer

This section outlines the requirement for a trustee or referee to enter into an agreement for a mortgage, lease, or sale prior to executing a final order as described in section 1609. The agreement must be reported to the court under oath for approval. Applies to trustees and referees involved in property transactions.

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

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§ 1612 SECTION 1612 Report of agreement for confirmation

RPAPL § 1612

Before a mortgage, lease or sale is made pursuant to a final order described in section 1609, the trustee or referee must enter into an agreement therefor, subject to the approval of the court, and must report this agreement to the court under oath.

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