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New York Consolidated Laws, Real Property Law - RPP § 249. Covenants in mortgages

Current as of January 01, 2026 | Updated by Findlaw Staff

A mortgage of real property does not imply a covenant for the payment of the sum intended to be secured;  and where such covenant is not expressed in the mortgage, or a bond or other separate instrument to secure such payment has not been given, the remedies of the mortgagee are confined to the property mentioned in the mortgage.

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Cite this article: FindLaw.com - New York Consolidated Laws, Real Property Law - RPP § 249. Covenants in mortgages - last updated January 01, 2026 | https://codes.findlaw.com/ny/real-property-law/rpp-sect-249/

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