Possibility of Reverter (US) | Practical Law

Possibility of Reverter (US) | Practical Law

Possibility of Reverter (US)

Possibility of Reverter (US)

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.