New York Laws
Part 2 - Rules Governing Action to Enforce Liability
12-2.5 - Title of Bona Fide Purchaser From Distributee or Testamentary Beneficiary Protected

beneficiary protected

The entry and filing of a judgment recovered against a distributee or
testamentary beneficiary in an action brought under this article does
not affect the rights of a prior purchaser, in good faith and for
valuable consideration, from such distributee or beneficiary of any
property of the decedent which would otherwise be subject to such
judgment, unless, in the case of real property, a notice of pendency had
been filed prior to such purchase. When the subsequent purchaser is
protected, the judgment is enforceable against the judgment debtor to
the extent of the net proceeds received by him upon the disposition of
the property.

Structure New York Laws