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This entry was published on 2014-09-22
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SECTION 6-4.5

Definition of a possibility of reverter

Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 6, PART 4

§ 6-4.5 Definition of a possibility of reverter

A possibility of reverter is the future estate left in the creator or
in his successors in interest upon the simultaneous creation of an
estate that will terminate automatically within a period of time defined
by the occurrence of a specified event.