§ 1701 Definitions
§ 1711 Grounds
§ 1712 By whom maintainable
§ 1721 Notice of petition
§ 1722 Contents of petition
§ 1731 Infant, incompetent or conservatee a ward of court
§ 1741 Reference
§ 1742 Appraisal
§ 1743 Judgment
§ 1744 Security
§ 1745 Report and confirmation of agreement and of conveyance
§ 1746 When particular estates to be included in disposition
§ 1747 When reversionary estates to be included in sale
§ 1751 Sale contrary to will or conveyance prohibited
§ 1753 Effect of disposition
§ 1755 Proceeds of sale deemed real property
§ 1761 Distribution of proceeds of disposition
§ 1762 Distribution of proceeds to owner of particular or reversionary estate
§ 1763 Distribution of proceeds upon release of inchoate right of dower
§ 1764 Distribution of proceeds where there is an interest of an infant not in being
§ 1765 Distribution of proceeds to guardian of infant, committee of incompetent or conservator of conservatee
§ 1766 Distribution of proceeds on death of infant, incompetent or conservatee

Terms Used In New York Laws > Real Property Actions and Proceedings > Article 17 - Special Proceeding For Disposition of Real Property of Infant, Incompetent or Conservatee

  • Appraisal: A determination of property value.
  • conservatee: means a person who has suffered substantial impairment of his ability to care for his property or has become unable to provide for himself or others dependent upon him for support for whom a conservator of his property has been appointed, pursuant to § 77. See N.Y. Real Property Actions and Proceedings Law 1701
  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Dependent: A person dependent for support upon another.
  • Devise: To gift property by will.
  • dispose of: means to sell, convey, exchange, mortgage, release or lease. See N.Y. Real Property Actions and Proceedings Law 1701
  • Dower: A widow
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • incompetent person: means a person incompetent to manage his affairs of whose property a committee has been appointed pursuant to § 78. See N.Y. Real Property Actions and Proceedings Law 1701
  • interest in real property: includes any term, estate or other interest in real property, vested or contingent, of an infant in being, an incompetent person, or a conservatee including an inchoate right of dower and a possibility of reverter, and also the contingent interest of an infant not in being. See N.Y. Real Property Actions and Proceedings Law 1701
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • Personal property: All property that is not real property.
  • possibility of reverter: means the possibility that upon breach of a condition or termination of an estate by limitation the right of re-entry will vest in, or real property will revert to, an infant, incompetent person or conservatee or his heirs solely or in common with others. See N.Y. Real Property Actions and Proceedings Law 1701
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
  • Trustee: A person or institution holding and administering property in trust.