N.Y. CPLR § 5020
N.Y. CPLR § 5020 - Satisfaction-Piece (2024)
- Official Source
- Official source link unavailable
- Freshness
- Verified Currentlast checked
Verbatim reference text. This is the full, unedited text of N.Y. CPLR § 5020, provided for reference only — it is not legal advice, and Divorce.law is not a law firm. Always confirm current wording against the official source.
NEW YORK CIVIL PRACTICE LAW AND RULES (CPLR) New York State | For Informational Purposes Only CPLR § 5020 Satisfaction-piece § 5020. Satisfaction-piece. (a) Generally. When a person entitled toenforce a judgment receives satisfaction or partial satisfaction of thejudgment, he shall execute and file with the proper clerk pursuant tosubdivision (a) of section 5021, a satisfaction-piece or partialsatisfaction-piece acknowledged in the form required to entitle a deedto be recorded, which shall set forth the book and page where thejudgment is docketed. A copy of the satisfaction-piece or partialsatisfaction-piece filed with the clerk shall be mailed to the judgmentdebtor by the person entitled to enforce the judgment within ten daysafter the date of filing.(b) Attorney of record. Within ten years after the entry of a judgmentthe attorney of record or the attorney named on the docket for thejudgment creditor may execute a satisfaction-piece or a partialsatisfaction-piece, but if his authority was revoked before it wasexecuted, the judgment may nevertheless be enforced against a person whohad actual notice of the revocation before a payment on the judgment wasmade or a purchase of property bound by it was effected.(c) When a judgment for less than five thousand dollars is fullysatisfied, if the person required to execute and file with the properclerk pursuant to subdivisions (a) and (d) of this section fails orrefuses to do so within twenty days after receiving full satisfaction,then the judgment creditor shall be subject to a penalty of one hundreddollars recoverable by the judgment debtor pursuant to sectionseventy-two hundred two of this chapter or article eighteen of eitherthe New York City civil court act, uniform district court act or uniformcity court act. When a judgment for five thousand dollars or more isfully satisfied, if the person required of eitherthe New York City civil court act, uniform district court act or uniformcity court act. When a judgment for five thousand dollars or more isfully satisfied, if the person required to execute and file with theproper clerk pursuant to subdivisions (a) and (d) of this section failsor refuses to do so within twenty days after receiving fullsatisfaction, then the judgment creditor shall be subject to a penaltyof five hundred dollars recoverable by the judgment debtor pursuant tosection seventy-two hundred two of this chapter or article eighteen ofeither the New York city civil court act, uniform district court act oruniform city court act; provided, however, that such penalties shall notbe recoverable when a city with a population greater than one millionpersons is the judgment creditor, unless such judgment creditor shallfail to execute and file a satisfaction-piece with the proper clerkpursuant to subdivisions (a) and (d) of this section within twenty daysafter having been served by the judgment debtor with a written demandtherefor by certified mail, return receipt requested.(d) Where a transcript of the docket of a judgment has been docketedin any other county of the state pursuant to subdivision (a) of section5018, the person required to execute and file with the proper clerkpursuant to subdivision (a) hereof shall, upon receiving fullsatisfaction, file a certificate of the clerk of the county in which thejudgment was entered, in accordance with subdivision (c) of section5021, with the clerks of all other counties in which such judgment hasbeen docketed.