In our recent article: “The Equity of Redemption,” we discussed, not surprisingly, the equity of redemption -- a homeowner’s right to tender to a foreclosing lender the full amount due on a defaulted loan at any time before the foreclosure sale.

In today’s Blog, we revisit the requirement in RPAPL 1351(1) that a foreclosure sale occur within 90 days of the date of the judgment of foreclosure and sale.

In today’s article we will discuss Yesmin v. Aliobaba, LLC, an Opinion and Order rendered on May 14, 2025, in which the Appellate Division, Second Department, held that “a notice of pendency that was unexpired at the time of the foreclosure sale has no effect on the title acquired by a good faith purchaser for value from a sale conducted pursuant to the judgment of foreclosure and sale.”