New York Laws
Part 6 - Disposition of Community Property Rights at Death
6-6.5 - Purchaser for Value or Lender

(a) If a surviving spouse has apparent title to property to which this
part applies, a purchaser for value or a lender taking a security
interest in the property takes his interest in the property free of any
rights of the personal representative or a testamentary beneficiary or
distributee of the decedent.
(b) If a personal representative or a testamentary beneficiary or
distributee of the decedent has apparent title to property to which this
part applies, a purchaser for value or a lender taking a security
interest in the property takes his interest in the property free of any
rights of the surviving spouse.
(c) A purchaser for value or a lender need not inquire whether a
vendor or borrower acted properly.
(d) The proceeds of a sale or creation of a security interest shall be
treated in the same manner as the property transferred to the purchaser
for value or a lender.

Structure New York Laws