When Estate for Life of Third Person Is Real Property; When Personal Property

  1. Law
  2. New York Laws
  3. Estates, Powers and Trusts
  4. Classification, Creation, Definition Of, and Rules Governing Estates in Property
  5. Estates Classified as to Duration
  6. When Estate for Life of Third Person Is Real Property; When Personal Property

Checkout our iOS App for a better way to browser and research.

§ 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.



Download our app to see the most-to-date content.