possibility of reverter

Also found in: Legal

0.01 sec.

reverter, possibility of

The interest retained by a grantor after transferring a determinable fee (one that will automatically end on a specified event,such as “to Mary until her thirtieth birthday or marriage,whichever comes first) or an estate in fee simple conditional (available in only some states, it says that a gift to A “and the heirs of his body”retains a possibility of reverter in the grantor because A might never have any heirs of his body).

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
fee simple determinable			22) Courts have been remarkably inconsistent in their treatment of FGROW, holding that some grants conveyed fee simple absolute to the railroads with no retained interest by the federal government, that others conveyed fee simple determinable with an implied possibility of reverter upon abandonment, and that others conveyed an easement. The shifting sands of property rights, federal railroad grants, and ... by Wright, Danaya C. / Environmental Law			POSIT Position Position Bond Position Building Position Day Position Diagram position limit Position limits Position Self Position Sheet Position Sizing Position Trader Position Trading Positive Carry positive cash flow Positive Convexity Positive Covenant Positive float positive leverage Positive Obligation Positive Volume Index Positive Yield Curve possession Possessions Corporation possessory interest possibility of reverter Post Post 30 Stock Post Execute Reporting System Post Execution Reporting System Post-Audit Post-Dated Check Post-Money Valuation Post-Trade Benchmarks Post-trade processing Postal Code Postergacion del pago de impuestos postforeclosure redemption rights Posto de troca Postponement Option Postponing Income Pot Pot Is Clean Pot-de-Vin Potencial ascendente Potential Default Potential Dilution potential gross income potentially responsible parties Poupanca Poupanca compulsoria			possessors possessorship possessory possessory Possessory action Possessory action possessory interest possessory interest Possessory Warrant posset possets possetted possetting POSSG Possi Possi Possibilism Possibilists possibilities possibilities possibility possibility possibility possibility Possibility and Actuality Possibility cannot be on a possibility possibility of a reverter Possibility Of Being Lied To possibility of injury possibility of loss possibility of reverter Possibility of Shortage of Spares Possibility of Wrong Message possible possible possible possible possible Possible Acknowledgement Returning Period possible action Possible Allergic Reaction Possible Allocation Space for Bursts from a Single Terminal Possible breach of warranty Possible Change possible client Possible Credit-Card Fraud possible customer Possible Duplicate Message Possible examples of Stockholm Syndrome Possible examples of Stockholm Syndrome Possible fetal alcohol effects Possible fetal alcohol effects Possible fetal alcohol effects Possible fetal alcohol effects Possible Improvised Explosive Device Possible Maximum Loss Possible medical malpractice Possible Nuclear Underground Test Sight Possible Onset Symptoms of Multiple Sclerosis possible ore possible patron

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.