EPTL 12-2.5 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 12-2.4 Effect of judgment up PART 2 Rules Governing Action to Enforce Liability Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 12-2.5 Title of bona fide purchaser from distributee or testamentary Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 12, PART 2 § 12-2.5 Title of bona fide purchaser from distributee or testamentary beneficiary protected The entry and filing of a judgment recovered against a distributee or testamentary beneficiary in an action brought under this article does not affect the rights of a prior purchaser, in good faith and for valuable consideration, from such distributee or beneficiary of any property of the decedent which would otherwise be subject to such judgment, unless, in the case of real property, a notice of pendency had been filed prior to such purchase. When the subsequent purchaser is protected, the judgment is enforceable against the judgment debtor to the extent of the net proceeds received by him upon the disposition of the property.