Order affirmed, without costs or disbursements.
Property conveyed to a school district, subject to a life estate reserved by the grantor, is not entitled to tax exempt status pursuant to section 408 of the Real Property Tax Law until the life estate has terminated. Although section 408 does not distinguish between types of ownership, and the school district-remainderman at bar concededly has a greater interest in the property, as well as fee title, than
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