2015 New York Laws
CVP - Civil Practice Law & Rules
Article 50 - (Civil Practice Law & Rules) JUDGMENTS GENERALLY
5020 - Satisfaction-piece.

  5020. Satisfaction-piece.  (a) Generally. When a person entitled to
  enforce a judgment receives satisfaction or partial satisfaction of  the
  judgment,  he  shall  execute and file with the proper clerk pursuant to
  subdivision  (a)  of  section  5021,  a  satisfaction-piece  or  partial
  satisfaction-piece  acknowledged  in the form required to entitle a deed
  to be recorded, which shall set  forth  the  book  and  page  where  the
  judgment  is  docketed.  A  copy  of  the  satisfaction-piece or partial
  satisfaction-piece filed with the clerk shall be mailed to the  judgment
  debtor  by  the  person entitled to enforce the judgment within ten days
  after the date of filing.
(b) Attorney of record. Within ten years after the entry of a judgment
  the attorney of record or the attorney  named  on  the  docket  for  the
  judgment   creditor  may  execute  a  satisfaction-piece  or  a  partial
  satisfaction-piece, but if his  authority  was  revoked  before  it  was
  executed, the judgment may nevertheless be enforced against a person who
  had actual notice of the revocation before a payment on the judgment was
  made or a purchase of property bound by it was effected.
(c)  When  the  judgment is fully satisfied, if the person required to
  execute and file with the proper clerk pursuant to subdivisions (a)  and
  (d)  hereof fails or refuses to do so within twenty days after receiving
  full satisfaction, then the judgment creditor  shall  be  subject  to  a
  penalty  of  one  hundred  dollars  recoverable  by  the judgment debtor
  pursuant to Section 7202 of the civil practice law and rules or  article
  eighteen  of  either the New York City civil court act, uniform district
  court act or uniform  city  court  act;  provided,  however,  that  such
  penalty  shall  not be recoverable when a city with a population greater
  than one million persons is the judgment creditor, unless such  judgment
  creditor  shall  fail  to execute and file a satisfaction-piece with the
  proper clerk pursuant to subdivisions (a) and (d) hereof  within  twenty
  days  after  having  been  served  by the judgment debtor with a written
  demand therefor by certified mail, return receipt requested.
(d) Where a transcript of the docket of a judgment has  been  docketed
  in  any other county of the state pursuant to subdivision (a) of section
  5018, the person required to execute and  file  with  the  proper  clerk
  pursuant   to   subdivision   (a)  hereof  shall,  upon  receiving  full
  satisfaction, file a certificate of the clerk of the county in which the
  judgment was entered, in accordance  with  subdivision  (c)  of  section
  5021,  with  the clerks of all other counties in which such judgment has
  been docketed.