The grantor retains a possibility of reverter if he conveys a fee simple determinable, which is a fee simple subject to some condition. All of the above.

Reverter definition, a person or thing that reverts.

Legal definition of possibility of reverter: a future interest in property that is retained by the grantor of a conditional fee or determinable fee and by which property reverts to the grantor upon the occurrence of a particular event or fulfillment of a particular condition. From O to A so long as A does not smoke. Possibility of Reverter. For instance, if the grantor conveys land to be used to build a church, and the grantee does not build a church, then the land will revert back to the grantor automatically.

The reverter deed from the developer contains the possibility of reverter by insertion of the language required by subsection E; 2. See more.

? a possibility of reverter. Possibility of reverter. Reverter, Possibility of. possibility of reverter. A contingent future interest in real property that a grantor of a determinable fee possesses after he or she has conveyed property. Note the durational language (conditional language would create a Right of Entry) § 55-376.1. (Repealed effective October 1, 2019) Possibility of reverter. Reversion should not be confused with the possibility of reverter created in the grant of a fee simple determinable. ? possibility of reverter. A reversionary interest that is subject to a condition precedent; specif., a future interest retained by a grantor after conveying a fee simple determinable, so that the grantee’s estate terminates automatically and reverts to the grantor if the terminating event ever occurs. Related terms . A possibility of reverter contained in a reverter deed for a time-share estate subject to reverter is valid, enforceable in law and in equity, and shall operate to transfer title to the time-share estate from each grantee therein back to the developer provided the following conditions are satisfied:

possibility of reverter. A contingent future interest in real property that a grantor of a determinable fee possesses after he or she has conveyed property. The possibility of reverter arises when the grantor of real property has conveyed land subject to the possibility that the estate will return to her or to her heirs if a certain specified limitation occurs. a provision in a lease contract providing that the tenant's eviction for non-payment of rent will not relieve her of liability for damages for rent not paid. The possibility of reverter arises when the grantor of real property has conveyed land subject to the possibility that the estate will return to her or to her heirs if a certain specified limitation occurs.