{"data":{"id":"us-ny/n.y.-estates-powers-trusts-law-6-6.5","jurisdiction":"us-ny","citation":"N.Y. Estates, Powers \u0026 Trusts Law § 6-6.5","heading":"Purchaser for value or lender","body":"§ 6-6.5 Purchaser for value or lender\n  (a) If a surviving spouse has apparent title to property to which this\npart applies, a purchaser for value or a lender taking a security\ninterest in the property takes his interest in the property free of any\nrights of the personal representative or a testamentary beneficiary or\ndistributee of the decedent.\n  (b) If a personal representative or a testamentary beneficiary or\ndistributee of the decedent has apparent title to property to which this\npart applies, a purchaser for value or a lender taking a security\ninterest in the property takes his interest in the property free of any\nrights of the surviving spouse.\n  (c) A purchaser for value or a lender need not inquire whether a\nvendor or borrower acted properly.\n  (d) The proceeds of a sale or creation of a security interest shall be\ntreated in the same manner as the property transferred to the purchaser\nfor value or a lender.","path":["Estates, Powers \u0026 Trusts Law","Article 6. Classification, Creation, Definition Of, and Rules Governing Estates In Property","Part 6. Disposition of Community Property Rights At Death"],"source_url":"https://legislation.nysenate.gov/api/3/laws/EPT/6-6.5","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"5cd67ebc9063c58dea323e1996ec862e1b9135d27960c178c871195f3b4b8e7b","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-estates-powers-trusts-law-6-6.4","next":"us-ny/n.y.-estates-powers-trusts-law-6-6.6"},"notice":"GroundRules: Original legal text. Not legal advice."}