State Codes and Statutes

Statutes > New-york > Rpa > Article-17 > 1753

§  1753.  Effect  of disposition.   A deed, mortgage, release or lease  made in good faith, as prescribed in this article, upon  an  application  in  behalf of an infant, incompetent person or conservatee, has the same  validity and effect as if executed by the person in whose behalf it  was  executed,  and  as  if  the  infant  were of full age or the incompetent  person or conservatee were of sound mind and  competent  to  manage  his  affairs.  It  shall  be  valid and effectual to vest in any purchaser an  interest of an infant not in being at the time of the said sale, and any  mortgage so  executed  shall  be  a  valid  lien  and  charge  upon  the  contingent  interest  of  an  infant  not  in  being  at the time of the  execution and delivery of the same. A release of an  inchoate  right  to  dower as authorized by this article shall have the same effect as if the  wife had joined with the husband in a deed or conveyance of the property  affected  thereby  and  had  duly  acknowledged  the  same in the manner  required by law to pass the estate of  married  women.  The  failure  to  conduct  the  proceeding  strictly  in accordance with the provisions of  this article shall not invalidate the disposition if  the  interests  of  the infant, incompetent person or conservatee have not been prejudiced.

State Codes and Statutes

Statutes > New-york > Rpa > Article-17 > 1753

§  1753.  Effect  of disposition.   A deed, mortgage, release or lease  made in good faith, as prescribed in this article, upon  an  application  in  behalf of an infant, incompetent person or conservatee, has the same  validity and effect as if executed by the person in whose behalf it  was  executed,  and  as  if  the  infant  were of full age or the incompetent  person or conservatee were of sound mind and  competent  to  manage  his  affairs.  It  shall  be  valid and effectual to vest in any purchaser an  interest of an infant not in being at the time of the said sale, and any  mortgage so  executed  shall  be  a  valid  lien  and  charge  upon  the  contingent  interest  of  an  infant  not  in  being  at the time of the  execution and delivery of the same. A release of an  inchoate  right  to  dower as authorized by this article shall have the same effect as if the  wife had joined with the husband in a deed or conveyance of the property  affected  thereby  and  had  duly  acknowledged  the  same in the manner  required by law to pass the estate of  married  women.  The  failure  to  conduct  the  proceeding  strictly  in accordance with the provisions of  this article shall not invalidate the disposition if  the  interests  of  the infant, incompetent person or conservatee have not been prejudiced.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rpa > Article-17 > 1753

§  1753.  Effect  of disposition.   A deed, mortgage, release or lease  made in good faith, as prescribed in this article, upon  an  application  in  behalf of an infant, incompetent person or conservatee, has the same  validity and effect as if executed by the person in whose behalf it  was  executed,  and  as  if  the  infant  were of full age or the incompetent  person or conservatee were of sound mind and  competent  to  manage  his  affairs.  It  shall  be  valid and effectual to vest in any purchaser an  interest of an infant not in being at the time of the said sale, and any  mortgage so  executed  shall  be  a  valid  lien  and  charge  upon  the  contingent  interest  of  an  infant  not  in  being  at the time of the  execution and delivery of the same. A release of an  inchoate  right  to  dower as authorized by this article shall have the same effect as if the  wife had joined with the husband in a deed or conveyance of the property  affected  thereby  and  had  duly  acknowledged  the  same in the manner  required by law to pass the estate of  married  women.  The  failure  to  conduct  the  proceeding  strictly  in accordance with the provisions of  this article shall not invalidate the disposition if  the  interests  of  the infant, incompetent person or conservatee have not been prejudiced.