New York Statutes
§ 5-1115 — Promises and warranties in conveyances made without consideration
New York·Law GOB General Obligations·Title 11 Consideration; Effect of Writing On Requirement of Consideration·Art. 5 Creation, Definition and Enforcement of Contractual Obligations
§ 5-1115. Promises and warranties in conveyances made without\nconsideration. A promise or warranty by the grantor in a deed or\nconveyance of an estate or interest in real property and acknowledged or\nproved in the manner prescribed by law to entitle it to be recorded\nshall not be denied effect because of the absence of consideration, if\nno consideration was intended.\n
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Related
Moczan v. Moczan
135 A.D.2d 692 (Appellate Division of the Supreme Court of New York, 1987)
Nearby Sections
15
§ 5-1107
Written assignment§ 5-1109
Written irrevocable offer§ 5-1301
How interest calculated§ 5-1401
Choice of law§ 5-1402
Choice of forum§ 5-1501
Application and definitions