N.Y. Lien Law 123 – Disposition of proceeds of sale
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§ 123. Disposition of proceeds of sale. The lienor shall, out of the proceeds of the sale, pay the expenses thereof, and the expenses of the removal of such monument, gravestone, inclosure or other structure from the cemetery or burial ground, not exceeding fifty dollars, if a monument, and ten dollars, if a gravestone, inclosure or other structure, and retain out of such proceeds, the amount due upon the judgment recovered in the action to enforce the lien, and the residue, if any, shall be forthwith paid to the judgment debtor.
Terms Used In N.Y. Lien Law 123
- Lien: A claim against real or personal property in satisfaction of a debt.