2006 New York Code - Release.

 
    §  208.  Release. 1. The commissioner shall make his determination and
  enter an order accordingly. The commissioner may agreeably to  the  best
  interest  of the state and in his discretion, if he deems it just to all
  persons interested, execute in the name of the state, a release on  such
  terms  and  conditions as the commissioner deems just, releasing to such
  person or persons as he  shall  have  determined  entitled  thereto  the
  interest of the state in such real property so sought to be released.
    2.  A  conveyance  so  made to any such person who is a parent, child,
  surviving husband or widow of any such owner  of  any  interest  therein
  immediately  prior  to  the  escheat,  or  the  heirs-at-law of any such
  surviving husband or widow, or the alleged grantee or any person  or  of
  any association or body, whether incorporated or not, who or which would
  have  succeeded  by  devise or otherwise to the title of such person but
  for a legal incapacity to take or convey the property so escheated shall
  be without consideration, if the value, at the date of the petition,  as
  determined  by  the  commissioner,  of  all  property  of any such owner
  escheated to the state and not conveyed or released by the state,  shall
  not  exceed  one hundred thousand dollars, and of the property sought to
  be released shall not exceed ten thousand dollars, except that  any  and
  all  expenses incurred by the state in an action to recover the property
  escheated or in any action pertaining thereto, or otherwise relating  to
  the  escheated property shall be paid by such person. Where however, the
  value of the property sought to be released shall exceed the sum of  ten
  thousand  dollars  the  commissioner may release the same to such person
  upon the payment of the  appraised  value  in  excess  of  ten  thousand
  dollars and in addition thereto the expenses incurred by the state in an
  action to recover the property as aforementioned.
    3.  The  release  shall  contain a brief recital of the determinations
  required to be made by the commissioner on the hearing of the  petition,
  remonstrance  or  remonstrances,  and of all the terms and conditions on
  which the release is made.