2013 New York Consolidated Laws
PVH - Private Housing Finance
Article 7-A - (350 - 365) COMMUNITY SENIOR CITIZENS CENTERS AND SERVICES COMPANIES
360 - Transfer of real property.


NY Priv Hous Fin L § 360 (2012) What's This?
 
    §  360.  Transfer of real property. Notwithstanding any requirement of
  law to the contrary or any provision of any general,  special  or  local
  law,  charter  or  ordinance,  every  executor,  administrator, trustee,
  guardian or other person holding trust funds or acting  in  a  fiduciary
  capacity,  unless  the  instrument  under which such fiduciary is acting
  expressly forbids, and the state, its subdivisions, municipalities,  all
  other  public  bodies,  all  public  officers, persons, partnerships and
  corporations owning or holding any real property, may grant, sell, lease
  or otherwise transfer any such real property or interest  therein  to  a
  company  and  receive  and  hold  any  cash,  exchanged therefor by such
  company and may execute such instruments and do  such  acts  as  may  be
  deemed  necessary  or  desirable  by  them  or  it and by the company in
  connection with a project or projects and such sale, lease  or  transfer
  may  be  made without public auction or bidding; provided, however, that
  where  such  real  property  is  within  an  urban  renewal  area,   the
  disposition  thereof  shall  be  in  accordance  with  the provisions of
  paragraph (d) of subdivision two of section five hundred  seven  of  the
  general municipal law.

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