New York § 2861 Transfer of real property

New York Statutes

§ 2861 — Transfer of real property

New York § 2861

Law PBHPublic Health

Art. 28-ANursing Home Companies

This text of New York § 2861 (Transfer of real property) 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. Public Health § 2861 (2026).

Text

  § 2861. Transfer of real property. Notwithstanding any requirement of\nlaw to the contrary or any provision of any general, special or local\nlaw, charter or ordinance, every executor, administrator, trustee,\nguardian or other person holding trust funds or acting in a fiduciary\ncapacity, unless the instrument under which such fiduciary is acting\nexpressly forbids, and the state, its subdivisions, municipalities, all\nother public bodies, all public officers, persons, partnerships and\ncorporations owning or holding any real property, may grant, sell, lease\nor otherwise transfer any such real property or interest therein to a\nnursing home company and receive and hold any cash, exchanged therefor\nby such company and may execute such instruments and do such acts as may\nbe deemed nece

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

§ 2861. Transfer of real property. Notwithstanding any requirement of\nlaw to the contrary or any provision of any general, special or local\nlaw, charter or ordinance, every executor, administrator, trustee,\nguardian or other person holding trust funds or acting in a fiduciary\ncapacity, unless the instrument under which such fiduciary is acting\nexpressly forbids, and the state, its subdivisions, municipalities, all\nother public bodies, all public officers, persons, partnerships and\ncorporations owning or holding any real property, may grant, sell, lease\nor otherwise transfer any such real property or interest therein to a\nnursing home company and receive and hold any cash, exchanged therefor\nby such company and may execute such instruments and do such acts as may\nbe deemed necessary or desirable by them or it and by the company in\nconnection with a project or projects and such sale, lease or transfer\nmay be made without public auction or bidding; provided, however, that\nwhere such real property is within an urban renewal area, the\ndisposition thereof shall be in accordance with the provisions of\nparagraph (d) of subdivision two of section five hundred seven of the\ngeneral municipal law.\n