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All main topics / Law / Property / Property
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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Flashcard info:
Author: jackielen
Main topic: Law
Topic: Property
Published: 17.04.2010




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