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FinancingForeclosure_ny_judicialEASY

What document must a lender file with the court to initiate a judicial foreclosure proceeding in New York?

Correct Answer

C) A complaint

To initiate a judicial foreclosure in New York, the lender must file a complaint in the Supreme Court. This complaint begins the lawsuit and sets forth the lender's claims against the borrower and the basis for foreclosure.

Answer Options
A
A motion
B
A petition
C
A complaint
D
An affidavit

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Related Topics & Key Terms

Key Terms:

complaintinitiate_foreclosuresupreme_courtlawsuit
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