PocketLaw | New York Laws | Judicial Authorization of Sale, Lease,

Judicial Authorization of Sale, Lease, Mortgage, Acquisition, Exchange or Voluntary Partition

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Application by Trustee for Court Authorization to Mortgage, to Lease, to Sell, to Acquire or to Exchange Real Property or for Confirmation of a Lease

Application by Owner of Present or Future Interest for Court Authorization to Mortgage, to Lease or to Sell Real Property.

Court to Which Application Is to Be Made.

When Application Shall Be Granted.

Contents of Petition.

Notice of Application.

Service of Notice Upon Presumptive Members of Class.

Guardians Ad Litem.

Final Order Upon the Application.

Final Order Authorizing Acquisition or Exchange of Land or Confirming Lease; Execution and Binding Force.

Final Order; Appointment of Referee.

Report of Agreement for Confirmation.

Order of Confirmation; Contents and Subsequent Procedures.

Binding Force of Mortgage, Sale or Lease Duly Made With Judicial Approval.

Date of Creation of Affected Interests.

Application to Compensation Arising Out of Appropriation of Real Property by the State.

Executors', Fiduciaries' and Trustees' Conveyances to Certain Corporations in Exchange for Certain Stocks and Bonds Authorized and Regulated.

Proceedings for Voluntary Partition of Infant's, Incompetent's or Conservatee's Real Property.