N.Y. General Obligations Law § 5-703: Conveyances and contracts concerning real property required to be in writing

§ 5-703. Conveyances and contracts concerning real property required

to be in writing. 1. An estate or interest in real property, other than

a lease for a term not exceeding one year, or any trust or power, over

or concerning real property, or in any manner relating thereto, cannot

be created, granted, assigned, surrendered or declared, unless by act or

operation of law, or by a deed or conveyance in writing, subscribed by

the person creating, granting, assigning, surrendering or declaring the

same, or by his lawful agent, thereunto authorized by writing. But this

subdivision does not affect the power of a testator in the disposition

of his real property by will; nor prevent any trust from arising or

being extinguished by implication or operation of law, nor any

declaration of trust from being proved by a writing subscribed by the

person declaring the same.

2. A contract for the leasing for a longer period than one year, or

for the sale, of any real property, or an interest therein, is void

unless the contract or some note or memorandum thereof, expressing the

consideration, is in writing, subscribed by the party to be charged, or

by his lawful agent thereunto authorized by writing.

3. A contract to devise real property or establish a trust of real

property, or any interest therein or right with reference thereto, is

void unless the contract or some note or memorandum thereof is in

writing and subscribed by the party to be charged therewith, or by his

lawfully authorized agent.

4. Nothing contained in this section abridges the powers of courts of

equity to compel the specific performance of agreements in cases of part

performance.