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The Laws of New York
Consolidated Laws of New York
CHAPTER 17-B
Estates, Powers & Trusts
ARTICLE 10
Powers
PART 5
Extent of Donee's Authority to Appoint or Contract to Appoint an Estate In Appointive Property
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SECTION 10-5.3
Contract to appoint; power not presently exercisable
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PART 5
Extent of Donee's Authority to Appoint or Contract to Appoint an Estate In Appointive Property
This entry was published on 2014-09-22
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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.