Statute · New York Estates, Powers & Trusts Law

N.Y. Est. Powers & Trusts Law § 6-3.2 — Kinds of future estates

N.Y. Est. Powers & Trusts Law § 6-3.2

Type
Statute
Source
New York Estates, Powers & Trusts Law
Jurisdiction
New York
Current through
Nov 5, 2026 (NY Senate Open Legislation)

§ 6-3.2 Kinds of future estates

Citator

N.Y. Est. Powers & Trusts Law § 6-3.2 — Kinds of future estates is in force in the current edition of the Code, and nothing recorded condemns it.

§ 6-3.2 Kinds of future estates

(a) Future estates are divided into:

(1) Estates left in the creator, consisting of:

(A) Reversions.

(B) Possibilities of reverter.

(C) Rights of reacquisition.

(2) Estates in favor of a person other than the creator, namely remainders, that are:

(A) Indefeasibly vested.

(B) Vested subject to open.

(C) Vested subject to complete defeasance.

(D) Subject to a condition precedent.