2012 New York Consolidated Laws
RPP - Real Property
Article 12 - (370 - 436) REGISTERING TITLE TO REAL PROPERTY
416 - Proceedings to register mortgage, lease or other lien or charge.


NY Real Prop L § 416 (2012) What's This?
 
    §  416.  Proceedings  to  register  mortgage,  lease  or other lien or
  charge.  On the filing of the instrument creating such  mortgage,  lease
  or  other lien or charge in the registrar's office and the production of
  the duplicate certificate of title, he shall enter upon the  certificate
  of  title  and upon the duplicate certificate a memorial thereof and the
  date of filing the instrument with a reference to its file number, which
  memorial shall be signed by the  registrar  who  shall  deliver  to  the
  person filing such instrument a certified copy of such instrument, if it
  is  a mortgage, certified to be the "registration copy of mortgage." The
  registrar shall also note upon the instrument filed the  number  of  the
  certificate  on  which  the memorial is entered. Any mortgage registered
  pursuant to this section shall be subject to the provisions  of  article
  eleven  of  the tax law (being chapter sixty-two of the laws of nineteen
  hundred nine), and amendments thereof in the  same  manner  as  if  said
  mortgage  were  recorded, as provided by section two hundred fifty-three
  of said tax law.

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