Notice of Motion to Confirm Reference Report and for a Judgment of Foreclosure and Sale - New York

Notice of Motion to Confirm Reference Report and for a 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 a Notice of Motion to Confirm Reference Report?
A: A Notice of Motion to Confirm Reference Report is a legal document filed in a foreclosure case in New York. It is used to request the court to confirm the report of a referee, who determines the value of the property in question.

Q: What is a Judgment of Foreclosure and Sale?
A: A Judgment of Foreclosure and Sale is a court order issued in a foreclosure case. It grants the lender the right to sell the foreclosed property in order to recover the outstanding loan amount.

Q: What is the purpose of filing a Notice of Motion to Confirm Reference Report?
A: The purpose of filing a Notice of Motion to Confirm Reference Report is to seek court approval of the referee's valuation of the property and to obtain a Judgment of Foreclosure and Sale, which allows the lender to proceed with the foreclosure and sale of the property.

Q: Who typically files a Notice of Motion to Confirm Reference Report?
A: In a foreclosure case, the lender or the party seeking to foreclose on the property typically files a Notice of Motion to Confirm Reference Report.

Q: What happens after a Notice of Motion to Confirm Reference Report is filed?
A: After a Notice of Motion to Confirm Reference Report is filed, the court will schedule a hearing to review the referee's report and determine whether to confirm it. If the report is confirmed, a Judgment of Foreclosure and Sale may be issued, allowing the foreclosure process to proceed.