Statute · New York Real Property Law
N.Y. Real Prop. Law § 269 — When remainderman may pay interest owed by life tenant
N.Y. Real Prop. Law § 269
- Type
- Statute
- Source
- New York Real Property Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 269. When remainderman may pay interest owed by life tenant. Whenever real property held by any person for life is incumbered by mortgage or other lien, the interest on which should be paid by the life tenant, and such life tenant neglects or refuses to pay such interest, the…
Citator
N.Y. Real Prop. Law § 269 — When remainderman may pay interest owed by life tenant is in force in the current edition of the Code, and nothing recorded condemns it.
§ 269. When remainderman may pay interest owed by life tenant. Whenever real property held by any person for life is incumbered by mortgage or other lien, the interest on which should be paid by the life tenant, and such life tenant neglects or refuses to pay such interest, the remainderman may pay such interest, and recover the amount thereof, together with interest thereon from the time of such payment, of the life tenant.