State Codes and Statutes

Statutes > New-york > Rpa > Article-8 > 833

§ 833. Recovery of fee damages by the owner of a possessory estate for  life  or  for  years.  When  the  ownership  of  land  is divided into a  possessory estate  for  life  or  for  years  and  one  or  more  future  interests,  and a person having none of these interests causes damage to  such land, the damages recoverable  by  the  owner  of  such  possessory  interest  from the wrongdoing third person may include damages caused to  interests in the affected land other than those owned by parties to  the  action  or  proceeding  when, but only when, all living persons who have  either a possessory or a  future  interest  in  the  affected  land  are  parties  thereto. The court in which any such recovery of damages occurs  shall make such direction for the distribution of the damages  recovered  among  the  persons  who are parties to the action or proceeding and for  the protection of the interests of persons who are not parties  thereto,  as justice may require.    A  tenant  for  life  or  for years in the land damaged is entitled to  receive from the recovery, in satisfaction of the damage to  his  estate  or interest, either a sum in gross or the earnings of a sum invested for  his  benefit.  The  determination  as  to  whether a sum in gross or the  earnings of a sum invested  shall  be  awarded  to  the  owner  of  such  particular  estate  shall  be governed by the provisions with respect to  the proceeds of a sale in partition.

State Codes and Statutes

Statutes > New-york > Rpa > Article-8 > 833

§ 833. Recovery of fee damages by the owner of a possessory estate for  life  or  for  years.  When  the  ownership  of  land  is divided into a  possessory estate  for  life  or  for  years  and  one  or  more  future  interests,  and a person having none of these interests causes damage to  such land, the damages recoverable  by  the  owner  of  such  possessory  interest  from the wrongdoing third person may include damages caused to  interests in the affected land other than those owned by parties to  the  action  or  proceeding  when, but only when, all living persons who have  either a possessory or a  future  interest  in  the  affected  land  are  parties  thereto. The court in which any such recovery of damages occurs  shall make such direction for the distribution of the damages  recovered  among  the  persons  who are parties to the action or proceeding and for  the protection of the interests of persons who are not parties  thereto,  as justice may require.    A  tenant  for  life  or  for years in the land damaged is entitled to  receive from the recovery, in satisfaction of the damage to  his  estate  or interest, either a sum in gross or the earnings of a sum invested for  his  benefit.  The  determination  as  to  whether a sum in gross or the  earnings of a sum invested  shall  be  awarded  to  the  owner  of  such  particular  estate  shall  be governed by the provisions with respect to  the proceeds of a sale in partition.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rpa > Article-8 > 833

§ 833. Recovery of fee damages by the owner of a possessory estate for  life  or  for  years.  When  the  ownership  of  land  is divided into a  possessory estate  for  life  or  for  years  and  one  or  more  future  interests,  and a person having none of these interests causes damage to  such land, the damages recoverable  by  the  owner  of  such  possessory  interest  from the wrongdoing third person may include damages caused to  interests in the affected land other than those owned by parties to  the  action  or  proceeding  when, but only when, all living persons who have  either a possessory or a  future  interest  in  the  affected  land  are  parties  thereto. The court in which any such recovery of damages occurs  shall make such direction for the distribution of the damages  recovered  among  the  persons  who are parties to the action or proceeding and for  the protection of the interests of persons who are not parties  thereto,  as justice may require.    A  tenant  for  life  or  for years in the land damaged is entitled to  receive from the recovery, in satisfaction of the damage to  his  estate  or interest, either a sum in gross or the earnings of a sum invested for  his  benefit.  The  determination  as  to  whether a sum in gross or the  earnings of a sum invested  shall  be  awarded  to  the  owner  of  such  particular  estate  shall  be governed by the provisions with respect to  the proceeds of a sale in partition.