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Alle Oberthemen / Law / Property / Property
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3. Reversion
Created when holder of vested estate transfers to another a smaller estate

Reversion is interest which remains in grantor is reversion

Completely Alienable- may pass by will, intestacy or inter vivos conveyance

Reversion vs. Possibility of Reverter:
If grantor has given away something less than fee simple, he retains reversion

If grantor has given away fee simple determinable, he retains only possibility of reverter




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Karteninfo:
Autor: jackielen
Oberthema: Law
Thema: Property
Veröffentlicht: 17.04.2010

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