N.Y. Estates, Powers & Trusts Law § 10-10.2: Power to lease in tenant for life; scope
Where this section sits in the code
- Estates, Powers & Trusts Law
- Article 10. Powers
- Part 10. Provisions Affecting Powers Other Than Powers of Appointment
§ 10-10.2 Power to lease in tenant for life; scope
A 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.
Collected 2026-09-14T19:32:44Z. Source file · JSON