MLchartDataset catalogue

Determinable

Term · Law · MLC-T-LAW-001599

Describing an interest in property that automatically terminates upon the occurrence or non-occurrence of a specified event. This creates a fee simple determinable estate, where the grantor retains a possibility of reverter. For example, land granted 'so long as it is used for a school' would revert to the grantor if school use ceases.

Table 1. Record
IdentifierMLC-T-LAW-001599
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-001599",
  "term": "Determinable",
  "field": "Law",
  "definition": "Describing an interest in property that automatically terminates upon the occurrence or non-occurrence of a specified event. This creates a fee simple determinable estate, where the grantor retains a possibility of reverter. For example, land granted 'so long as it is used for a school' would revert to the grantor if school use ceases.",
  "url": "https://mlchart.com/terminology/law/determinable/"
}

Record 1,468 of 5,441 in Law terminology (MLC-0107). Request the full dataset.