There is a newer version
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the New York Laws
2021 New York Laws
EPT - Estates, Powers and Trusts
Article 10 - Powers
Part 10 - Provisions Affecting Powers Other Than Powers of Appointment
10-10.2 - Power to Lease in Tenant for Life; Scope
Universal Citation: NY Est Pow & Trusts L § 10-10.2 (2021)
§ 10-10.2 Power to lease in tenant for life; scopeA power may be conferred upon a tenant for life to make leases of real property for a term of not more than twenty-one years to commence in possession during his lifetime. If the power authorizes, or the life tenant makes, a lease for a term in excess of twenty-one years, such power or lease is valid for twenty-one years, but is void as to the excess.
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