GroundRules
N.Y. Estates, Powers & Trusts Law § 10-10.3: Power to lease in tenant for life; transfer and extinguishment
Where this section sits in the code
- Estates, Powers & Trusts Law
- Article 10. Powers
- Part 10. Provisions Affecting Powers Other Than Powers of Appointment
§ 10-10.3 Power to lease in tenant for life; transfer and extinguishment
The power of a tenant for life to make leases is not assignable as a
separate interest, but is annexed to his estate and passes by a
disposition of such estate unless expressly excepted. If so excepted,
it is extinguished. Such a power may be released by the tenant to a
person entitled to a future estate in the property, and shall thereupon
be extinguished.
Collected 2026-09-14T19:32:44Z. Source file · JSON