Statutes, codes, and regulations
Consolidated Laws of New York
Chapter - ESTATES, POWERS AND TRUSTSArticle 6 - CLASSIFICATION, CREATION, DEFINITION OF, AND RULES GOVERNING ESTATES IN PROPERTY
Part 1 - ESTATES CLASSIFIED AS TO DURATION
Section 6-1.3 - When estate for life of third person is real property; when personal property

N.Y. EPTL 6-1.3

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Current through 2024 NY Law Chapter 457
Section 6-1.3 - When estate for life of third person is real property; when personal 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.

N.Y. EPTL 6-1.3