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New York Real Property Actions and Proceedings Law Section 405 - Interest Defeasible By Remarriage.

Legal Research Home > New York Lawyer > Real Property Actions and Proceedings > New York Real Property Actions and Proceedings Law Section 405 - Interest Defeasible By Remarriage.

    § 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.

Last modified: August 9, 2006