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New York · Through 2026-09-11

N.Y. Mental Hygiene Law § 75.23: Transfer of real property

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Where this section sits in the code
  1. Mental Hygiene Law
  2. Title E. General Provisions
  3. Article 75. Community Mental Health Services and Developmental Disabilities Services Companies

§ 75.23 Transfer of real property.

Notwithstanding any requirement of law to the contrary or any

provision of any general, special or local law, charter or ordinance,

every executor, administrator, trustee, guardian, or other person

holding trust funds or acting in a fiduciary capacity, unless the

instrument under which such fiduciary is acting expressly forbids, and

the state, its subdivisions, municipalities, all other public bodies,

all public officers, persons, partnerships, and corporations owning or

holding any real property, may grant, sell, lease, or otherwise transfer

any such real property or interest therein to a company and receive and

hold any cash, exchanged therefor by such company and may execute such

instruments and do such acts as may be deemed necessary or desirable by

them or it and by the company in connection with a project or projects

and such sale, lease, or transfer may be made without public auction or

bidding; provided, however, that where such real property is within an

urban renewal area, the disposition thereof shall be in accordance with

the provisions of paragraph (d) of subdivision two of section five

hundred seven of the general municipal law.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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