NY State — NY Real Property Law

§ 248 — SECTION 248 Effect of conveyance where property is leased

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Statute text reproduced from nysenate.gov. Not attorney-reviewed for your situation — for reference only.

What is NY RPL § 248?

Quick Answer

This section clarifies that a tenant's attornment to a new property owner is not necessary for the conveyance of leased real property to be valid. It establishes that rent payments made to the previous owner remain binding on the new owner until notice of the conveyance is given. Applies to property owners with leased properties.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 248 SECTION 248 Effect of conveyance where property is leased

RPL § 248

An attornment to a grantee is not requisite to the validity of a conveyance of real property occupied by a tenant, or of the rents or profits thereof, or any other interest therein. But the payment of rent to a grantor, by his tenant, before notice of the conveyance, binds the grantee; and the tenant is not liable to such grantee, before such notice, for the breach of any condition of the lease.

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