New York Lands Adversely Held May Be Conveyed Or Mortgaged.

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    §  260.  Lands  adversely held may be conveyed or mortgaged. No grant,
  conveyance or mortgage of real property or  interest  therein  shall  be
  void  for  the reason that at the time of the delivery thereof such real
  property is in the actual possession of a person claiming under a  title
  adverse to that of the grantor.