Order Confirming Referee Report and Judgment of Foreclosure and Sale - New York

Order Confirming Referee Report and Judgment of Foreclosure and Sale is a legal document that was released by the New York Supreme Court - a government authority operating within New York.

FAQ

Q: What is an Order Confirming Referee Report and Judgment of Foreclosure and Sale?
A: It is a legal document issued by a court in New York to confirm the report of a referee and finalize the foreclosure and sale of a property.

Q: What is a referee report in a foreclosure case?
A: A referee report is a detailed evaluation and recommendation made by a court-appointed referee regarding the foreclosure proceedings and the sale of a property.

Q: What is foreclosure?
A: Foreclosure is a legal process in which a lender or mortgage holder takes possession of a property due to the borrower's failure to make mortgage payments.

Q: What is the purpose of the Order Confirming Referee Report and Judgment of Foreclosure and Sale?
A: The purpose is to formally approve the referee's report, declare the foreclosure, and authorize the sale of the property to satisfy the outstanding debt.

Q: What happens after the Order Confirming Referee Report and Judgment of Foreclosure and Sale is issued?
A: Once issued, the property can be sold at a foreclosure auction, and the proceeds are used to pay off the mortgage debt and any other expenses related to the foreclosure process.