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NY State — NY Real Property Actions & Proceedings Law

§ 1742 — SECTION 1742 Appraisal

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

What is NY RPAPL § 1742?

Quick Answer

This section outlines the process by which a court can appoint a disinterested appraiser to evaluate real property when necessary for the protection of an infant, incompetent person, or conservatee. The court determines the appraiser's fee, which is included in the costs of the proceedings. Applies to cases involving vulnerable individuals needing property appraisals.

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

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§ 1742 SECTION 1742 Appraisal

RPAPL § 1742

When the court deems it necessary for the protection of the interests of the infant, incompetent person or conservatee, it may appoint a competent, disinterested person as appraiser, who after taking an oath fairly to appraise the real property, shall go upon the premises, and make an appraisal of the property and report the result thereof to the court. The fee of the appraiser shall be fixed by the court and be included in the costs of the proceedings. A transcript of the proof and the report of the referee or appraiser, if any, shall be filed with the final order.

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