N.Y. Partnership Law § 12: Partnership property

§ 12. Partnership property. 1. All property originally brought into

the partnership stock or subsequently acquired, by purchase or

otherwise, on account of the partnership is partnership property.

2. Unless the contrary intention appears, property acquired with

partnership funds is partnership property.

3. Any estate in real property may be acquired in the partnership

name. Title so acquired can be conveyed only in the partnership name.

4. A conveyance to a partnership in the partnership name, though

without words of inheritance, passes the entire estate of the grantor

unless a contrary intent appears.