Laws of New York (Last Updated: November 21, 2014) |
EPT Estates, Powers and 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
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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.