Statute · New York Real Property Actions & Proceedings Law
N.Y. Real Prop. Acts. Law § 405 — Interest defeasible by remarriage
N.Y. Real Prop. Acts. Law § 405
- Type
- Statute
- Source
- New York Real Property Actions & Proceedings Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 405. Interest defeasible by remarriage. Whenever an interest is defeasible on the remarriage of a person whose life is involved, this fact of defeasibility may be taken into account in the valuation of any such interest or of any interest subject thereto, if justice requires. For this purpose,…
Citator
N.Y. Real Prop. Acts. Law § 405 — Interest defeasible by remarriage is in force in the current edition of the Code, and nothing recorded condemns it.
§ 405. Interest defeasible by remarriage. Whenever an interest is defeasible on the remarriage of a person whose life is involved, this fact of defeasibility may be taken into account in the valuation of any such interest or of any interest subject thereto, if justice requires. For this purpose, the Casualty Actuarial Society's Table on Remarriage or other tables accepted by actuarial practice shall be employed.