STATE OF NEW YORK
SUPREME COURT
COUNTY OF _____________
______________________________________________
_________________ BANK,
TERMS OF SALE
Plaintiff,
-against-
___
Index No.: _________
___________,,
_______________________,
RJI No.: ___________
Defendants.
___________________________
_______________________________________
______________________________________________
eal property described
describe in the Not
he real
The
Notice of Sale will be sold as one parcel under the direction of
______________, Esq.
_________________,
Esq., Referee, upon the following terms:
lst
Except in the ccase that the plaintiff or an assignee of the plaintiff is the successful bidder, ten per
cent of the purchase money of said premises will be required to be paid in cash or certified check to
e
l
p
given
the said Referee at the time and place of sale, and for which the Referee's receipt will be given.
2d
sh or certified check to
t the
The residue of said purchase money will be required to be paid in cash
____, New York, on the 30th day after ssa
Referee at his/her office at ___________________________,
sale
m
a
very.
at 10:00 a.m. when the Referee’s deed will bee ready for delivery.
end any notice to the purchaser; if purchaser neglec
t
3rd The Referee is not required to send
neglects to call at the
ive the deed, purchaser will be charged
charg with interest
inte
time and place above specified to receive
thereafter
S
ole amount of his purchase, unless the Re
Referee
feree shall deem it pro
pproper to extend the time for
hole
on the whole
mpletion of said purchase.
ompletion
the completion
4th That the Referee shall only pay out oof the proceed
proceeds all taxes, assessments and water rates which are
liens upon the property aat the time of sale. The purchaser shall be liable for any and all interest due
roperty tax liens
lie accruing after the day of the foreclosure sale.
on any real property
5th The purchaser of said premises, or any portion thereof, will, at the time and place of sale, sign a
e
l
p
o of sale herein
memorandum of purchase, and an agreement to comply with the terms and conditions
contained.
nd in case any purchaser
purchase shall fail
6th The bidding will be kept open after the property is struck down; and
mises so struck down will be agai
ag
to comply with any of the above conditions of sale, the premises
again put up
m
a
without
ithout application
appl
for sale under the direction of the Referee under thesee same terms of sale, w
to the
(s) shall elect to make such application;
applic
ntiff's attorney(s)
and such purchaser
p
Court, unless the plaintiff's
will
su for whic
able for any deficiency there may be between
between the sum
be held liable
which said premises shall be
S
truck down upon the sale, and that for which they may be pur
struck
purchased on the resale, and also for any
recosts or expenses occurring of such re-sale.
conve
aid premises will be conveyed
7th Said
subject to the terms set forth in the Notice of Sale.
so subject to zoning restrictions, covenants, easements, conditions,
8th Said premises will be sold
tions and
an agreements, if any; subject to any state of facts as may appear from an accurate
reservations
survey; subject to facts as to possession and occupancy and subject to whatever the physical
e
l
p
nd other mu
condition of the premises may be; subject to any violations of the zoning and
municipal
tion of the United States
emption
Stat of
ordinances and regulations, if any,; and subject to the equity of redemption
America, if any.
m
a
ncluding, without limitation, real estate
es
he purchaser, including,
9th Any and all closing costs will be paid by the
urvey fees, title insurance fees (if, and
a to the extent
exte
transfer taxes, recording fees, titlee abstract fees, survey
purc
n be required
that, purchaser obtainss a survey, title abstract or title insurance). The purchaser
will not
S
f
penses of advertising this sale, the fees
of the Referee on the sal
to pay expenses
sale or any fees of attorneys
for thee Referee, the plaintiff or any assignee of tthe plaintiff.
_________, 2009
20
___________,
Dated: _________________,
____________________________________
_________________________, Esq., Referee
MEMORANDUM OF SALE
e
l
p
The undersigned has this _____ day of _______________, 2009, purchased
hase the premises
described in the annexed printed advertisement of sale for the sum of
($
th the terms and condit
) Dollars and hereby promises and agrees to comply with
conditions of the
sale of said premises as above mentioned and set forth.
orth.
m
a
Dated: _____________ __, 2009
___Purchase
______________Purchaser
__________________________________Purchaser
S
_____________Address
_______________________Address
__________________________________Address
_____________________________
________________________________
__________________________________
______________
vedd from ___________________
______ Purchaser, the sum of _______________________
Received
_________________________,
_____), being tten per cent on the amount bid by the purchaser for property sold by me, under the
($__________),
n the above en
judgment in
entitled action.
Dated: ____________ __, 2009
e
l
p
_________
__________________________________
_, Esq.
Esq
______,
Referee ______________,
S
m
a