2006 New York Code - Order Determining Disposition Of Real Property

 
  § 1907. Order determining disposition of real property
    1.  Upon the return of process the court shall inquire into the facts,
  the value of the property and the best manner and time of disposition.
    2. The court may direct the disposition of all or  part  of  the  real
  property, describing it.
    3.  The  order  may  determine  whether  the property shall be sold at
  public or private sale and may fix  the  manner,  terms  and  conditions
  thereof.
    4.  Where  a  contract for the disposition of the property accompanies
  the petition, the order may direct disposition in  accordance  with  its
  terms or any modification thereof.
    5.  If the court finds that it is not necessary to dispose of the real
  property or of any part thereof it may nevertheless determine the rights
  and interests of  the  parties  and  direct  a  conveyance  to  them  in
  confirmation of their title or transferring the property to them in full
  or partial satisfaction of their distributive share.
    6. If the order is made in the course of an accounting proceeding, the
  court shall adjourn a judicial settlement to await the proceedings taken
  under the order.