There is a newer version
of
the New York Laws
2019 New York Laws
RPP - Real Property
Article 8 - Conveyances and Mortgages
269 - When Remainderman May Pay Interest Owed by Life Tenant.
Universal Citation: NY Real Prop L § 269 (2019)
§ 269. When remainderman may pay interest owed by life tenant. Whenever real property held by any person for life is incumbered by mortgage or other lien, the interest on which should be paid by the life tenant, and such life tenant neglects or refuses to pay such interest, the remainderman may pay such interest, and recover the amount thereof, together with interest thereon from the time of such payment, of the life tenant.
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