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Statutes > New York Laws > EPT - Estates, Powers & Trusts > Article 6 - CLASSIFICATION, CREATION, DEFINITION OF, AND RULES GOVERNING ESTATES IN PROPERTY > Part 4 - (6-4.1 - 6-4.10) ESTATES DEFINED > 6-4.5 - Definition of a possibility of reverter

STATE STATUTES & CODES

NEW YORK STATUTES AND CODES

6-4.5 - Definition of a possibility of reverter

§ 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.

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