As used in this article, the following terms shall have the meanings respectively ascribed to them in this section, unless the context clearly indicates a different meaning:
(1) ESTATE IN REMAINDER. One limited to be enjoyed after another estate is determined or at a time specified in the future.
(2) ESTATE IN REVERSION. The residue of an estate, usually the fee, left in the grantor and his heirs after the determination of a particular estate which he has granted out of it.
(3) RIGHTS OF THE REVERSIONER. The same rights as those of a vested remainderman in fee.
Last modified: May 3, 2021