New York Estates, Powers & Trusts Law Section 10-10.2 - Power to lease in tenant for life; scope

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.

Last modified: February 3, 2019