EPTL 11-1.4 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 11-1.3 Power and duty of executor before probate up PART 1 Fiduciaries: Powers, Duties and Limitations next SECTION 11-1.5 Payment of testamentary dispositions or distributive shares Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 11-1.4 Validity of execution of power to sell, mortgage or lease real Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 11, PART 1 § 11-1.4 Validity of execution of power to sell, mortgage or lease real property by less than all qualifying executors Any deed, mortgage or lease duly executed by one or more, but not all, of the executors or trustees who qualified conveys the full title and interest of the testator, and is as effective as if all the executors or trustees who qualified had joined in the execution thereof, when ten years have elapsed since the recording of such deed, mortgage or lease in the county where the property affected is situated; saving, however, the rights of every grantee, mortgagee or lessee, in good faith and for a valuable consideration, deriving title under an instrument executed by all the executors or trustees who qualified to the same property or any part thereof, whose deed, mortgage or lease is duly recorded before such period of ten years has elapsed.