There is a newer version of the New York Consolidated Laws
2006 New York Code - Classification, Creation, Definition Of, And Rules Governing Estates In Property
ARTICLE 6 CLASSIFICATION, CREATION, DEFINITION OF, AND RULES GOVERNING ESTATES IN PROPERTY PART 1. ESTATES CLASSIFIED AS TO DURATION Section 6-1.1 Estates classified. 6-1.2 Estates tail abolished; future estates limited thereon. 6-1.3 When estate for life of third person is real property; when personal property. PART 2. ESTATES CLASSIFIED AS TO NUMBER OF PERSONS Section 6-2.1 Estates in severalty, joint tenancy, tenancy by the entirety and in common. 6-2.2 When estate is in common, in joint tenancy or by the entirety. PART 3. ESTATES CLASSIFIED AS TO TIME OF ENJOYMENT AND CREATION Section 6-3.1 Estates in possession and future estates. 6-3.2 Kinds of future estates. 6-3.3 Concerning the creation of certain future estates. 6-3.4 When future estates are created. PART 4. ESTATES DEFINED Section 6-4.1 Definition of an estate in possession. 6-4.2 Definition of a future estate. 6-4.3 Definition of a remainder. 6-4.4 Definition of reversion. 6-4.5 Definition of a possibility of reverter. 6-4.6 Definition of right of reacquisition. 6-4.7 Definition of a future estate indefeasibly vested. 6-4.8 Definition of a future estate vested subject to open. 6-4.9 Definition of a future estate vested subject to complete defeasance. 6-4.10 Definition of a future estate subject to a condition precedent. PART 5. RULES GOVERNING FUTURE ESTATES Section 6-5.1 Characteristics of future estates. 6-5.2 Power of appointment not to prevent vesting. 6-5.3 Future estates in the alternative. 6-5.4 Implication of cross remainders between tenants in common. 6-5.5 Future estate valid though contingency improbable. 6-5.6 Meaning of heirs, distributees and issue in certain remainders. 6-5.7 Posthumous children. 6-5.8 Heirs or distributees of life tenant take as purchasers. 6-5.9 Heirs or distributees of creator take as purchasers. 6-5.10 When future estates are defeated. 6-5.11 Non-destructibility of remainders subject to a condition precedent. 6-5.12 Future rents and profits subject to rules governing future estates. PART 6. DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH Section 6-6.1 Application. 6-6.2 Rebuttable presumptions. 6-6.3 Disposition upon death. 6-6.4 Perfection of title. 6-6.5 Purchaser for value or lender. 6-6.6 Effect and construction of part. 6-6.7 Short title.
Disclaimer: These codes may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.