2006 New York Code - Purchaser For Value Or Lender

 
  § 6-6.5 Purchaser for value or lender
    (a) If a surviving spouse has apparent title to property to which this
  part  applies,  a  purchaser  for  value  or  a lender taking a security
  interest in the property takes his interest in the property free of  any
  rights  of  the personal representative or a testamentary beneficiary or
  distributee of the decedent.
    (b) If a personal representative  or  a  testamentary  beneficiary  or
  distributee of the decedent has apparent title to property to which this
  part  applies,  a  purchaser  for  value  or  a lender taking a security
  interest in the property takes his interest in the property free of  any
  rights of the surviving spouse.
    (c)  A  purchaser  for  value  or  a lender need not inquire whether a
  vendor or borrower acted properly.
    (d) The proceeds of a sale or creation of a security interest shall be
  treated in the same manner as the property transferred to the  purchaser
  for value or a lender.