2016 New York Laws
RPA - Real Property Actions & Proceedings
Article 4 - (Real Property Actions & Proceedings) VALUING INTERESTS IN REAL PROPERTY
405 - Interest defeasible by remarriage.

NY Real Prop Actions L § 405 (2016) What's This?

405. Interest defeasible by remarriage. Whenever an interest is defeasible on the remarriage of a person whose life is involved, this fact of defeasibility may be taken into account in the valuation of any such interest or of any interest subject thereto, if justice requires. For this purpose, the Casualty Actuarial Society's Table on Remarriage or other tables accepted by actuarial practice shall be employed.


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