Legal Question in Real Estate Law in New York
Referee vs. receiver
In NYS what is the difference between a referee and a receiver in a partition action. The property is to be sold. Is one only used for auction and the other to sell on the open market? This is very confusing.
Asked on 12/16/08, 7:56 pm
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: Referee vs. receiver
A referee conducts and is in charge of the sale. A receiver is in charge of the property (rents, maintenance, and distribution of assets after the sale).
Mike.
Answered on 12/17/08, 8:35 am
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