RPAPL 765 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 763 Redemption by creditor of lessee up ARTICLE 7 Summary Proceeding to Recover Possession of Real Property next SECTION 767 Order of redemption; liability of persons redeeming Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 765 Effect of redemption upon lease Real Property Actions & Proceedings (RPA) CHAPTER 81, ARTICLE 7 § 765. Effect of redemption upon lease. Where a redemption is made, as prescribed in this article, the rights of the person redeeming are subject to a lease, if any, executed by the petitioner since the warrant was issued, so far that the new lessee, his assigns, undertenants, or other representatives, upon complying with the terms of the lease, may hold the premises so leased until twelve o'clock, noon, of the first day of May next succeeding the redemption. And in all other respects, the person so redeeming, his assigns and representatives succeed to all the rights and liabilities of the petitioner under such a lease.