62 chapters · 2,087 sections in this title.
N.J.S.A. 54:36-1 Vested remainders after estate for life or years
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54:36-1. Vested remainders after estate for life or years When a person shall bequeath or devise, convey, grant, sell or give any property or interest therein, or income therefrom, to a person or corporation for life or for a term of years, and a vested interest in the remainder …
N.J.S.A. 54:36-2 Valuation of estates for life or years
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54:36-2. Valuation of estates for life or years In determining the value of a life estate, annuity, or estate for a term of years, the United States Life Tables, after December 31, 1970, Single Life Male 6% and Single Life Female 6%, published by the United States Department of H…
N.J.S.A. 54:36-3 Executory devises or contingent or defeasible estates in expectancy
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54:36-3. Executory devises or contingent or defeasible estates in expectancy When an instrument creates an executory devise, or an estate in expectancy of any kind or character which is contingent or defeasible, the property which is the subject of such devise or in which such co…
N.J.S.A. 54:36-4 Estates subject to a power of appointment
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54:36-4. Estates subject to a power of appointment When an instrument creates a power of appointment, the life estate, or estate for a term of years, created and transferred by such instrument shall, if taxable, be immediately appraised and taxed at its clear market value, but th…