- The Laws of New York
- Consolidated Laws
- Estates, Powers & Trusts
- Article 6: Classification, Creation, Definition Of, and Rules Governing Estates In Property
- Part 2: Estates Classified As to Number of Persons
Section 6-2.1 Estates in severalty, joint tenancy, tenancy by the entirety and
Estates, Powers & Trusts (EPT)
§ 6-2.1 Estates in severalty, joint tenancy, tenancy by the entirety and
in common
Estates as to the number of persons owning an interest therein are classified as follows:
(1) In severalty.
(2) Joint tenancy.
(3) Tenancy in common.
(4) Only as to real property and, on and after January first, nineteen hundred ninety-six, as to the shares of stock of a cooperative apartment corporation allocated to an apartment or unit together with the appurtenant proprietary lease, tenancy by the entirety.
in common
Estates as to the number of persons owning an interest therein are classified as follows:
(1) In severalty.
(2) Joint tenancy.
(3) Tenancy in common.
(4) Only as to real property and, on and after January first, nineteen hundred ninety-six, as to the shares of stock of a cooperative apartment corporation allocated to an apartment or unit together with the appurtenant proprietary lease, tenancy by the entirety.