2006 New York Code - Kinds Of Future Estates

  § 6-3.2 Kinds of future estates
    (a)  Future estates are divided into:
    (1)  Estates left in the creator, consisting of:
    (A)  Reversions.
    (B)  Possibilities of reverter.
    (C)  Rights of reacquisition.
    (2)    Estates  in  favor  of  a person other than the creator, namely
  remainders, that are:
    (A)  Indefeasibly vested.
    (B)  Vested subject to open.
    (C)  Vested subject to complete defeasance.
    (D)  Subject to a condition precedent.

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