Laws of New York (Last Updated: November 21, 2014) |
GOB General Obligations |
Article 5. CREATION, DEFINITION AND ENFORCEMENT OF CONTRACTUAL OBLIGATIONS |
Title 11. CONSIDERATION; EFFECT OF WRITING ON REQUIREMENT OF CONSIDERATION |
Section 5-1115. Promises and warranties in conveyances made without consideration
Latest version.
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A promise or warranty by the grantor in a deed or conveyance of an estate or interest in real property and acknowledged or proved in the manner prescribed by law to entitle it to be recorded shall not be denied effect because of the absence of consideration, if no consideration was intended.