MLchartDataset catalogue

Possibility of reverter

Term · Law · MLC-T-LAW-003810

A future interest in real property that remains with the grantor after conveying a fee simple determinable estate. This interest automatically restores full ownership to the grantor or their heirs if a stated condition in the grant is violated or ceases to exist. It is a non-possessory interest that becomes possessory upon the occurrence of the specified event.

Table 1. Record
IdentifierMLC-T-LAW-003810
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-003810",
  "term": "Possibility of reverter",
  "field": "Law",
  "definition": "A future interest in real property that remains with the grantor after conveying a fee simple determinable estate. This interest automatically restores full ownership to the grantor or their heirs if a stated condition in the grant is violated or ceases to exist. It is a non-possessory interest that becomes possessory upon the occurrence of the specified event.",
  "url": "https://mlchart.com/terminology/law/possibility-of-reverter/"
}

Record 3,833 of 5,445 in Law terminology (MLC-0107). Request the full dataset.