Legislation
SECTION 967
Payment of proceeds to owner of particular or future estate
Real Property Actions & Proceedings (RPA) CHAPTER 81, ARTICLE 9
§ 967. Payment of proceeds to owner of particular or future estate. A
party who has a right of dower, or is a tenant for life or for years, in
or of an undivided share of the property sold, or has an inchoate right
of dower or any other future right or estate, vested or contingent, or
any person not in being who by any contingency may become entitled to
any interest or estate in the property sold, is entitled to have a
proportion of the proceeds of the sale invested, secured or paid over,
in such manner as the court deems calculated to protect the rights and
interests of the parties.
party who has a right of dower, or is a tenant for life or for years, in
or of an undivided share of the property sold, or has an inchoate right
of dower or any other future right or estate, vested or contingent, or
any person not in being who by any contingency may become entitled to
any interest or estate in the property sold, is entitled to have a
proportion of the proceeds of the sale invested, secured or paid over,
in such manner as the court deems calculated to protect the rights and
interests of the parties.