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The Laws of New York
Consolidated Laws of New York
CHAPTER 17-B
Estates, Powers & Trusts
ARTICLE 10
Powers
PART 10
Provisions Affecting Powers Other Than Powers of Appointment
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SECTION 10-10.1
Power to distribute principal or allocate income; restriction
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PART 10
Provisions Affecting Powers Other Than Powers of Appointment
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SECTION 10-10.3
Power to lease in tenant for life; transfer and extinguishment
This entry was published on 2014-09-22
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SECTION 10-10.2
Power to lease in tenant for life; scope
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 10
§ 10-10.2 Power to lease in tenant for life; scope

A power may be conferred upon a tenant for life to make leases of real
property for a term of not more than twenty-one years to commence in
possession during his lifetime. If the power authorizes, or the life
tenant makes, a lease for a term in excess of twenty-one years, such
power or lease is valid for twenty-one years, but is void as to the
excess.