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N.Y. Est. Powers & Trusts Law § 6-3.2

Kinds of future estates

2014-09-22

§ 6-3.2 Kinds of future estates\n (a) Future estates are divided into:\n (1) Estates left in the creator, consisting of:\n (A) Reversions.\n (B) Possibilities of reverter.\n (C) Rights of reacquisition.\n (2) Estates in favor of a person other than the creator, namely\nremainders, that are:\n (A) Indefeasibly vested.\n (B) Vested subject to open.\n (C) Vested subject to complete defeasance.\n (D) Subject to a condition precedent.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.