New York § 6-6.5 Purchaser for value or lender

New York Statutes

§ 6-6.5 — Purchaser for value or lender

New York § 6-6.5

Law EPTEstates, Powers & Trusts

Part 6Disposition of Community Property Rights At Death

Art. 6Classification, Creation, Definition Of, and Rules Governing Estates In Property

This text of New York § 6-6.5 (Purchaser for value or lender) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Estates, Powers & Trusts § 6-6.5 (2026).

Text

§ 6-6.5 Purchaser for value or lender\n  (a) If a surviving spouse has apparent title to property to which this\npart applies, a purchaser for value or a lender taking a security\ninterest in the property takes his interest in the property free of any\nrights of the personal representative or a testamentary beneficiary or\ndistributee of the decedent.\n  (b) If a personal representative or a testamentary beneficiary or\ndistributee of the decedent has apparent title to property to which this\npart applies, a purchaser for value or a lender taking a security\ninterest in the property takes his interest in the property free of any\nrights of the surviving spouse.\n  (c) A purchaser for value or a lender need not inquire whether a\nvendor or borrower acted properly.\n  (d) The proceeds of a s

Free access — add to your briefcase to read the full text and ask questions with AI

§ 6-6.5 Purchaser for value or lender\n (a) If a surviving spouse has apparent title to property to which this\npart applies, a purchaser for value or a lender taking a security\ninterest in the property takes his interest in the property free of any\nrights of the personal representative or a testamentary beneficiary or\ndistributee of the decedent.\n (b) If a personal representative or a testamentary beneficiary or\ndistributee of the decedent has apparent title to property to which this\npart applies, a purchaser for value or a lender taking a security\ninterest in the property takes his interest in the property free of any\nrights of the surviving spouse.\n (c) A purchaser for value or a lender need not inquire whether a\nvendor or borrower acted properly.\n (d) The proceeds of a sale or creation of a security interest shall be\ntreated in the same manner as the property transferred to the purchaser\nfor value or a lender.\n