Bill Text: NY S04585 | 2011-2012 | General Assembly | Introduced


Bill Title: Relates to the judgement lien on real property in an action upon a money judgment.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2012-02-17 - PRINT NUMBER 4585A [S04585 Detail]

Download: New_York-2011-S04585-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         4585
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                    April 13, 2011
                                      ___________
       Introduced  by Sen. BONACIC -- (at request of the Office of Court Admin-
         istration) -- read twice and ordered printed, and when printed  to  be
         committed to the Committee on Judiciary
       AN  ACT  to  amend  the civil practice law and rules, in relation to the
         judgment lien on real property in an action upon a money judgment  and
         to  repeal  certain  provisions of such law relating to levy upon real
         property
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Section  5014  of  the  civil practice law and rules, the
    2  section heading and the opening paragraph, as amended by chapter 115  of
    3  the laws of 1965, subdivision 2 as amended by chapter 485 of the laws of
    4  1964  and  the  closing paragraph as added by chapter 123 of the laws of
    5  1986, is amended to read as follows:
    6    S 5014. Action upon judgment. Except as permitted by section 15-102 of
    7  the general obligations law, an action upon a money judgment entered  in
    8  a court of the state may only be maintained between the original parties
    9  to the judgment where:
   10    1.  [ten years have elapsed since the first docketing of the judgment;
   11  or
   12    2.] the judgment was entered against the defendant by default for want
   13  of appearance and the summons was served other than by personal delivery
   14  to [him] THE DEFENDANT or to his OR HER  agent  for  service  designated
   15  under rule 318, either within or without the state; or
   16    [3.]  2.  the  court  in  which  the action is sought to be brought so
   17  orders on motion with such notice to such other persons as the court may
   18  direct.
   19    [An action may be commenced under  subdivision  one  of  this  section
   20  during  the  year  prior  to the expiration of ten years since the first
   21  docketing of the judgment. The judgment in such action shall  be  desig-
   22  nated a renewal judgment and shall be so docketed by the clerk. The lien
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD09314-01-1
       S. 4585                             2
    1  of a renewal judgment shall take effect upon the expiration of ten years
    2  from the first docketing of the original judgment.]
    3    S  2.  Subdivisions  (a) and (b) of section 5203 of the civil practice
    4  law and rules, subdivision (a) as amended by chapter 968 of the laws  of
    5  1972  and subdivision (b) as amended by chapter 388 of the laws of 1964,
    6  are amended to read as follows:
    7    (a) Priority and lien on docketing judgment. No transfer of an  inter-
    8  est  of  the  judgment debtor in real property, against which property a
    9  money judgment may be enforced, is effective against the judgment credi-
   10  tor either from the time of the docketing of the judgment with the clerk
   11  of the county in which the property is located until [ten] TWENTY  years
   12  after  filing  of the judgment-roll, or from the time of the filing with
   13  such clerk of a notice of  levy  pursuant  to  an  execution  until  the
   14  execution is returned, except:
   15    1. a transfer or the payment of the proceeds of a judicial sale, which
   16  shall  include  an  execution sale, in satisfaction either of a judgment
   17  previously so docketed or of a judgment where a notice of levy  pursuant
   18  to an execution thereon was previously so filed; or
   19    2.  a  transfer  in  satisfaction  of  a  mortgage given to secure the
   20  payment of the purchase price of the judgment debtor's interest  in  the
   21  property; or
   22    3. a transfer to a purchaser for value at a judicial sale, which shall
   23  include an execution sale; or
   24    4.  when  the  judgment  was  entered  after the death of the judgment
   25  debtor; or
   26    5. when the judgment debtor is  the  state,  an  officer,  department,
   27  board or commission of the state, or a municipal corporation; or
   28    6.  when the judgment debtor is the personal representative of a dece-
   29  dent and the judgment was awarded in an action against [him] SUCH  JUDG-
   30  MENT DEBTOR in his OR HER representative capacity.
   31    (b)  Extension  of  lien.  Upon  motion of the judgment creditor, upon
   32  notice to the judgment debtor, served personally  or  by  registered  or
   33  certified  mail,  return receipt requested, to the last known address of
   34  the judgment debtor, the court may order that the lien of a money  judg-
   35  ment upon real property be effective after the expiration of [ten] TWEN-
   36  TY  years  from  the filing of the judgment-roll, for a period no longer
   37  than the time during which the judgment creditor was stayed from enforc-
   38  ing the judgment, or the time necessary to  complete  advertisement  and
   39  sale  of  real  property in accordance with section 5236, pursuant to an
   40  execution delivered to a sheriff prior to the expiration  of  ten  years
   41  from  the filing of the judgment-roll. The order shall be effective from
   42  the time it is filed with the clerk of the county in which the  property
   43  is located and an appropriate entry is made upon the docket of the judg-
   44  ment.
   45    S 3. Section 5235 of the civil practice law and rules is REPEALED.
   46    S  4. This act shall take effect on the first of January next succeed-
   47  ing the date on which it shall have  become  law;  except  that  section
   48  three  of  this act shall take effect 10 years after such effective date
   49  provided that any execution issued pursuant to section 5235 of the civil
   50  practice law and rules  before  such  effective  date  shall  remain  in
   51  effect.
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