N.Y. Public Housing Law 120 – Acquisition of real property
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§ 120. Acquisition of real property. Real property may be acquired by a municipality, by an authority or by a municipality for an authority by gift, grant, devise, purchase, condemnation or otherwise, and with respect to a municipal or state project, according to the provisions of the eminent domain procedure law. The provisions of this article with respect to condemnation of property by or for an authority shall prevail over the provisions of any other general, special or local law.
Terms Used In N.Y. Public Housing Law 120
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.