New York S02324 mandates review by the attorney general and comptroller for certain real property sales exceeding $100,000, and requires notice to.

New York S02324 amends the public authorities law and public lands law to require the comptroller and attorney general to review and approve negotiated contracts for the disposal of real property with an estimated fair market value exceeding $100,000. These contracts are not valid unless approved by both the comptroller and attorney general. The bill also mandates that the vendor include a provision in each contract informing the other party that the contract is subject to their approval.

New York S02324 mandates review by the attorney general and comptroller for certain real property sales exceeding $100,000, and requires notice to.

New York S02324 amends the public authorities law and public lands law to require the comptroller and attorney general to review and approve negotiated contracts for the disposal of real property with an estimated fair market value exceeding $100,000. These contracts are not valid unless approved by both the comptroller and attorney general. The bill also mandates that the vendor include a provision in each contract informing the other party that the contract is subject to their approval.