2023 New York Laws › CVP - Civil Practice Law and Rules › Article 50 - Judgments Generally › 5020 - Satisfaction-Piece.

§  5020.  Satisfaction-piece. (a) Generally. When a person entitled to
enforce a judgment receives satisfaction or partial satisfaction of  the
judgment,  he  shall  execute and file with the proper clerk pursuant to
subdivision  (a)  of  section  5021,  a  satisfaction-piece  or  partial
satisfaction-piece  acknowledged  in the form required to entitle a deed
to be recorded, which shall set  forth  the  book  and  page  where  the
judgment  is  docketed.  A  copy  of  the  satisfaction-piece or partial
satisfaction-piece filed with the clerk shall be mailed to the  judgment
debtor  by  the  person entitled to enforce the judgment within ten days
after the date of filing.
(b) Attorney of record. Within ten years after the entry of a judgment
the attorney of record or the attorney  named  on  the  docket  for  the
judgment   creditor  may  execute  a  satisfaction-piece  or  a  partial
satisfaction-piece, but if his  authority  was  revoked  before  it  was
executed, the judgment may nevertheless be enforced against a person who
had actual notice of the revocation before a payment on the judgment was
made or a purchase of property bound by it was effected.
(c)  When  a  judgment  for  less  than five thousand dollars is fully
satisfied, if the person required to execute and file  with  the  proper
clerk  pursuant  to  subdivisions  (a)  and (d) of this section fails or
refuses to do so within twenty days after receiving  full  satisfaction,
then  the judgment creditor shall be subject to a penalty of one hundred
dollars  recoverable  by  the  judgment  debtor  pursuant   to   section
seventy-two  hundred  two  of this chapter or article eighteen of either
the New York City civil court act, uniform district court act or uniform
city court act. When a judgment for five thousand  dollars  or  more  is
fully  satisfied,  if  the  person required to execute and file with the
proper clerk pursuant to subdivisions (a) and (d) of this section  fails
or   refuses   to   do  so  within  twenty  days  after  receiving  full
satisfaction, then the judgment creditor shall be subject to  a  penalty
of  five  hundred dollars recoverable by the judgment debtor pursuant to
section seventy-two hundred two of this chapter or article  eighteen  of
either  the New York city civil court act, uniform district court act or
uniform city court act; provided, however, that such penalties shall not
be recoverable when a city with a population greater  than  one  million
persons  is  the  judgment creditor, unless such judgment creditor shall
fail to execute and file a  satisfaction-piece  with  the  proper  clerk
pursuant  to subdivisions (a) and (d) of this section within twenty days
after having been served by the judgment debtor with  a  written  demand
therefor by certified mail, return receipt requested.
(d)  Where  a transcript of the docket of a judgment has been docketed
in any other county of the state pursuant to subdivision (a) of  section
5018,  the  person  required  to  execute and file with the proper clerk
pursuant  to  subdivision  (a)  hereof  shall,   upon   receiving   full
satisfaction, file a certificate of the clerk of the county in which the
judgment  was  entered,  in  accordance  with subdivision (c) of section
5021, with the clerks of all other counties in which such  judgment  has
been docketed.