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.
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