Tag: New York
-
The Accounting Comes Before the Sale Order, Not After
A New York appellate court reversed a partition judgment because the accounting had not been completed before the court ordered the sale. The accounting is a precondition, not a proceeds…
-
Who Counts as Heirs Property: Two New York Decisions Draw the Line
Two published New York decisions decided within nine weeks set the outer edges of the Partition of Heirs Property Act: a co-op is in, a trust-and-LLC ownership structure is out.