§ 111. Definitions. 1. As used in section 1641 of this chapter and in sections 1901 and 1911 of this chapter, the terms "real property" and "lands" are co-extensive in meaning with lands, tenements and hereditaments.

Terms Used In N.Y. Real Property Actions and Proceedings Law 111

  • 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

2. As used in section 1921, the term "real property" includes lands, tenements and hereditaments and chattels real, except a lease for a term not exceeding three years.

3. As used in this chapter the term "incompetent" or "incompetent person" means a person incompetent to manage his affairs of whose property a committee has been appointed pursuant to section 78.03 or a person of whose property a committee has been appointed pursuant to § 78.07 of the mental hygiene law.

4. As used in this chapter the term "infant" or "minor" means a person who has not attained the age of eighteen years.

5. As used in this chapter, the term "conservatee" means a person under substantial impairment within the meaning of the conservatorship provisions of Article seventy-seven of the mental hygiene law for whom a conservator has been appointed.