New York Estates, Powers and Trusts Code § 6-3.2

Kinds of future estates
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§ 6-3.2 Kinds of future estates\n  (a)  Future estates are divided into:\n  (1)  Estates left in the creator, consisting of:\n  (A)  Reversions.\n  (B)  Possibilities of reverter.\n  (C)  Rights of reacquisition.\n  (2)  Estates in favor of a person other than the creator, namely\nremainders, that are:\n  (A)  Indefeasibly vested.\n  (B)  Vested subject to open.\n  (C)  Vested subject to complete defeasance.\n  (D)  Subject to a condition precedent.\n

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