There is a newer version
of
the New York Laws
2019 New York Laws
EPT - Estates, Powers and Trusts
Article 6 - Classification, Creation, Definition Of, and Rules Governing Estates in Property
Part 1 - Estates Classified as to Duration
6-1.3 - When Estate for Life of Third Person Is Real Property; When Personal Property
Universal Citation: NY Est Pow & Trusts L § 6-1.3 (2019)
§ 6-1.3 When estate for life of third person is real property; whenpersonal property
A disposition of real property for the life of a third person, whether limited to heirs or otherwise, is real property only during the life of the grantee or devisee; after his death it is personal property.
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