N.Y. Real Property Actions & Proceedings Law § 1741: Reference

§ 1741. Reference. 1. The court may appoint a referee to receive

evidence and report his opinion thereon.

2. The referee's report shall include conclusions as to: what, if any,

form, terms and conditions of disposition of the real property or

interest would be beneficial to the infant, incompetent person or

conservatee, and the reasons therefor; whether the infant, incompetent

person or conservatee is in absolute need of some and what portion of

the proceeds of such disposition, for a purpose specified in the

petition, in addition to what he might earn by his own exertions; the

value of the property or interest to be disposed of, specifically, as to

each separate lot or parcel, with the incumbrances, if any, thereon, and

whether there is any person entitled to dower or a life estate, or

estate for years.