General Obligations Law § 5-101 · Title 1. Definitions of Terms
Definitions of terms as used in certain sections
Text — Law content up to date as of July 24, 2026, as published by the New York State Senate (Open Legislation)
§ 5-101. Definitions of terms as used in certain sections. 1. As used in sections 5-331, 5-703 and 5-1115, the term "conveyance" includes every instrument, in writing, except a will, by which any estate or interest in real property is created, transferred, assigned or surrendered.
2. As used in sections 5-703, 5-1111 and 5-1115, the terms "estate" and "interest in real property" include every such estate and interest, freehold or chattel, legal or equitable, present or future, vested or contingent.
3. As used in sections 5-321, 5-323, 5-331, 5-703 and 5-1115, the term "real property" is co-extensive in meaning with lands, tenements and hereditaments.
4. As used in section 5-335 of this article, the term "insurer" means any insurance company or other entity which provides for payment or reimbursement of health care expenses, health care services, disability payments, lost wage payments or any other benefits under a policy of insurance or an insurance contract with an individual or group.
Source of truth
- Edition
- Law content up to date as of July 24, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/GOB5-101
- Text hash
- sha256 2e64cc86cbc7bd1e8519f8a3a2c53b63de4f75afde843bf1f249d7422b9a0b2b
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
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