Section 554.12 - Reversion; definition.
Revised Statutes of 1846 (EXCERPT)
Chapter 62. Of The Nature And Qualities Of Estates In Real And Personal Property, And The Alienation Thereof.
554.12 Reversion; definition.
Chapter 62. Of The Nature And Qualities Of Estates In Real And Personal Property, And The Alienation Thereof.
554.12 Reversion; definition.
Sec. 12.
A reversion is the residue of an estate left in the grantor or his heirs, or in the heirs of a testator, commencing in possession on the determination of a particular estate granted or devised.
History: R.S. 1846, Ch. 62 ;--CL 1857, 2596 ;--CL 1871, 4079 ;--How. 5528 ;--CL 1897, 8794 ;--CL 1915, 11530 ;--CL 1929, 12932 ;--CL 1948, 554.12