Practical Law Glossary Item w-029-0037 (Approx. 2 pages)
Glossary
Possibility of Reverter (US)
A future interest in land that the grantor in a conveyance retains. It follows a fee simple determinable estate. By way of example, A conveys land to B "for so long as oil and gas is produced in paying quantities." If the land stops producing oil and gas in paying quantities, the land automatically reverts to A.