EPTL 10-5.4 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 10-5.3 Contract to appoint; power not presently exercisable up PART 5 Extent of Donee's Authority to Appoint or Contract to Appoint an Estate In Appointive Property Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 10-5.4 Priority Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 5 § 10-5.4 Priority The interest of the donee of a power of appointment, and of any appointee thereunder, has priority with respect to real property subject thereto, as against creditors, purchasers or incumbrancers, in good faith and without notice, of or from a person having an estate in such property, only from the time at which the instrument creating the power is duly recorded. As against all other persons, such interest has priority from the time at which the instrument creating the power takes effect.