N.Y. Real Property Actions and Proceedings Law 1331 – Notice of pendency
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§ 1331. Notice of pendency. The plaintiff, at least twenty days before a final judgment directing a sale is rendered, shall file in the clerk's office of each county where the mortgaged property is situated a notice of the pendency of the action, which shall specify, in addition to other particulars required by law, the date of the mortgage, the parties thereto and the time and place of recording.
Terms Used In N.Y. Real Property Actions and Proceedings Law 1331
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Plaintiff: The person who files the complaint in a civil lawsuit.