New York Estates, Powers & Trusts Law Part 3 - ESTATES CLASSIFIED AS TO TIME OF ENJOYMENT AND CREATION
6-3.1 - Estates in Possession and Future Estates
6-3.1 Estates in possession and future estates Estates in property, as to the time of their enjoyment, are classified as estates in possession and future
6-3.2 - Kinds of Future Estates
6-3.2 Kinds of future estates (a) Future estates are divided into: (1) Estates left in the creator, consisting of: (A) Reversions. (B) Possibilities of reverter....
6-3.4 - When Future Estates are Created
6-3.4 When future estates are created A future estate is created when the disposition creating it becomes legally effective.