N.Y. General Business Law 396-D – Advertisement and description of real property
§ 396-d. Advertisement and description of real property. Whenever any person or persons, firm or corporation, shall use in connection with the designation, description, advertisement, lease or sale of any real property, any name which shall include the name of any political or territorial subdivision situated in the county or in any county immediately adjoining the county in which such property is situated, other than the name of the political and territorial subdivision in which the particular property referred to is located, such person or persons, firm or corporation shall, as part of every such designation, description, advertisement, lease or sale, and with the same prominence given to any such name or part of such name, state and display the name of the town, village, city or other political subdivision in which such property is actually located.
Terms Used In N.Y. General Business Law 396-D
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.