N.Y. Estates, Powers & Trusts Law § 11-1.4: Validity of execution of power to sell, mortgage or lease real

§ 11-1.4 Validity of execution of power to sell, mortgage or lease real

property by less than all qualifying executors

Any deed, mortgage or lease duly executed by one or more, but not all,

of the executors or trustees who qualified conveys the full title and

interest of the testator, and is as effective as if all the executors or

trustees who qualified had joined in the execution thereof, when ten

years have elapsed since the recording of such deed, mortgage or lease

in the county where the property affected is situated; saving, however,

the rights of every grantee, mortgagee or lessee, in good faith and for

a valuable consideration, deriving title under an instrument executed by

all the executors or trustees who qualified to the same property or any

part thereof, whose deed, mortgage or lease is duly recorded before such

period of ten years has elapsed.