Legal Question in Real Estate Law in New York

Foreclosure

When a home is being foreclosed and is up for auction, how soon do you have to vacate the premises before the auction


Asked on 4/04/08, 3:03 pm

1 Answer from Attorneys
Michael Markowitz Michael A. Markowitz, PC

Re: Foreclosure

You can stay in the premises even after auction. Under RPAPL 713(5), you would have to vacate the premises after a 10 day notice to quit has been served and after "The property has been sold in foreclosure and either the deed delivered pursuant to such sale, or a copy o such deed, certified as provided in the civil practice law and rules, has been exhibited to [you]."

Mike

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Answered on 4/04/08, 3:37 pm


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