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LSDefine

Simple English definitions for legal terms

possibility of a reverter

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A quick definition of possibility of a reverter:

The possibility of reverter is a legal term that means if someone gives property to another person, but with a condition that must be met, and that condition is not met, then the property goes back to the original owner. For example, if someone gives a piece of land to someone else, but only if they use it for a specific purpose, and that person uses it for something else, then the land goes back to the original owner. This is called the possibility of reverter.

A more thorough explanation:

The possibility of reverter is a legal term that refers to a future interest held by a property owner, known as the grantor or transferor. This interest is held in a type of property ownership called a fee simple determinable, which means that the property will automatically revert back to the grantor if a certain condition is not met.

For example, if a property owner grants a piece of land to a school district "so long as the land is used for educational purposes," the grantor retains the possibility of reverter. If the school district stops using the land for educational purposes, the property will automatically revert back to the grantor.

The possibility of reverter is different from the right of entry, which is another type of future interest held by a grantor. The right of entry allows the grantor to reclaim the property if a certain condition is not met, but it is not automatic like the possibility of reverter.

Overall, the possibility of reverter is a legal tool that allows property owners to ensure that their property is used in a certain way, and to reclaim the property if that condition is not met.

Possessory lien | Possibility of reverter

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TGM
18:41
not sure if I should email them to say that, or just hold off on sending it and not give an excuse
18:41
I think I just wouldn’t reach out and if they ask for them then say that
Dkk
18:41
@tgm Yeah sounds good, say that if they ask
18:47
hey yall
18:47
im premed idk why im here
18:48
we’re like cool and sexy and fun I get it
18:48
true i love ur user
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
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