State Codes and Statutes

Statutes > Arizona > Title33 > 33-204

33-204. Estates in expectancy; reversions; future estates; remainders

A. Estates in expectancy are divided into:

1. Reversions. A reversion is the residue of an estate left in a grantor or his heirs, or in the heirs of a testator, commencing in possession upon the determination of a particular estate granted or devised.

2. Future estates. A future estate is an estate limited to commence in possession at a future time, either without the intervention of a precedent estate or upon the determination, by lapse of time or otherwise, of a precedent estate created at the same time. A future estate dependent upon a precedent estate is a remainder.

State Codes and Statutes

Statutes > Arizona > Title33 > 33-204

33-204. Estates in expectancy; reversions; future estates; remainders

A. Estates in expectancy are divided into:

1. Reversions. A reversion is the residue of an estate left in a grantor or his heirs, or in the heirs of a testator, commencing in possession upon the determination of a particular estate granted or devised.

2. Future estates. A future estate is an estate limited to commence in possession at a future time, either without the intervention of a precedent estate or upon the determination, by lapse of time or otherwise, of a precedent estate created at the same time. A future estate dependent upon a precedent estate is a remainder.


State Codes and Statutes

State Codes and Statutes

Statutes > Arizona > Title33 > 33-204

33-204. Estates in expectancy; reversions; future estates; remainders

A. Estates in expectancy are divided into:

1. Reversions. A reversion is the residue of an estate left in a grantor or his heirs, or in the heirs of a testator, commencing in possession upon the determination of a particular estate granted or devised.

2. Future estates. A future estate is an estate limited to commence in possession at a future time, either without the intervention of a precedent estate or upon the determination, by lapse of time or otherwise, of a precedent estate created at the same time. A future estate dependent upon a precedent estate is a remainder.