EPTL 10-10.3 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 10-10.2 Power to lease in tenant for life; scope up PART 10 Provisions Affecting Powers Other Than Powers of Appointment next SECTION 10-10.4 Power to lease in tenant for life; effect of mortgage Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 10-10.3 Power to lease in tenant for life; transfer and extinguishment Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 10 § 10-10.3 Power to lease in tenant for life; transfer and extinguishment The power of a tenant for life to make leases is not assignable as a separate interest, but is annexed to his estate and passes by a disposition of such estate unless expressly excepted. If so excepted, it is extinguished. Such a power may be released by the tenant to a person entitled to a future estate in the property, and shall thereupon be extinguished.