possibility of reverter การใช้

For example, Kentucky abolished the fee simple determinable and possibility of reverter by statute in 1960.
However, as the rule does not apply to grantors, the possibility of reverter in the grantor ( or his heirs ) would be valid.
It was clear that no such statute was ever needed in Michigan or in any of the western states, because no possibility of reverter or escheat in the party converying an estate ever existed.
An attempt to create such an interest is construed as a fee simple subject to condition subsequent ( see below ), and a person who would have possibility of reverter at common law will instead have a right of entry.
Although both result in the return of the land to the original grantor or his heirs, reversions occur upon the natural expiration of the grantee's estate, while the possibility of reverter actively ends the grantee's otherwise-indefinite estate as a consequence of the grantee's failure to comply with the condition contained in the grant.