New York § 75.23 Transfer of real property

New York Statutes

§ 75.23 — Transfer of real property

New York § 75.23

Law MHYMental Hygiene

Title EGeneral Provisions

Art. 75Community Mental Health Services and Developmental Disabilities Services Companies

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Bluebook

N.Y. Mental Hygiene § 75.23 (2026).

Text

§ 75.23 Transfer of real property.\n  Notwithstanding any requirement of law to the contrary or any\nprovision of any general, special or local law, charter or ordinance,\nevery executor, administrator, trustee, guardian, or other person\nholding trust funds or acting in a fiduciary capacity, unless the\ninstrument under which such fiduciary is acting expressly forbids, and\nthe state, its subdivisions, municipalities, all other public bodies,\nall public officers, persons, partnerships, and corporations owning or\nholding any real property, may grant, sell, lease, or otherwise transfer\nany such real property or interest therein to a company and receive and\nhold any cash, exchanged therefor by such company and may execute such\ninstruments and do such acts as may be deemed necessary or d

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§ 75.23 Transfer of real property.\n Notwithstanding any requirement of law to the contrary or any\nprovision of any general, special or local law, charter or ordinance,\nevery executor, administrator, trustee, guardian, or other person\nholding trust funds or acting in a fiduciary capacity, unless the\ninstrument under which such fiduciary is acting expressly forbids, and\nthe state, its subdivisions, municipalities, all other public bodies,\nall public officers, persons, partnerships, and corporations owning or\nholding any real property, may grant, sell, lease, or otherwise transfer\nany such real property or interest therein to a company and receive and\nhold any cash, exchanged therefor by such company and may execute such\ninstruments and do such acts as may be deemed necessary or desirable by\nthem or it and by the company in connection with a project or projects\nand such sale, lease, or transfer may be made without public auction or\nbidding; provided, however, that where such real property is within an\nurban renewal area, the disposition thereof shall be in accordance with\nthe provisions of paragraph (d) of subdivision two of section five\nhundred seven of the general municipal law.\n