Laws of New York (Last Updated: November 21, 2014) |
RPA Real Property Actions and Proceedings |
Article 16. JUDICIAL AUTHORIZATION OF SALE, LEASE, MORTGAGE, ACQUISITION, EXCHANGE OR VOLUNTARY PARTITION |
Section 1609. Final order upon the application
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After taking proof of the facts, either before the court or a referee, and hearing the parties and fully examining into the matter, the court must make a final order upon the application. In case the application is granted in whole or in part, the final order shall specify the real property to be mortgaged, leased, sold, acquired, exchanged or as to which a previously made lease is to be confirmed, and the terms and conditions upon which the authorized transaction is to be consummated or approved.