RPAPL 923 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 922 Meeting of commissioners; report of actual partition; confirming or setting aside report up ARTICLE 9 Action For Partition next SECTION 925 Report of sale; confirmation Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 923 Security for credit on sale Real Property Actions & Proceedings (RPA) CHAPTER 81, ARTICLE 9 § 923. Security for credit on sale. The portion of the purchase-money for which credit is allowed in the interlocutory judgment shall be secured at interest by a mortgage upon the property sold, with a bond of the purchaser; and by such additional security, if any, as the court prescribes. The officer making the sale may take separate mortgages and other securities in the name of the county treasurer of the county in which the property is situated for such convenient portions of the purchase-money as are directed by the court to be invested; and in the name of the owner, for the share of any known owner of full age who desires to have it invested.