This flashcard is just one of a free flashcard set. See all flashcards!

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