New York Laws
Article 17 - Special Proceeding for Disposition of Real Property of Infant, Incompetent or Conservatee
1753 - Effect of Disposition.

§ 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.