New York Estates, Powers & Trusts Law Section 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.

Last modified: February 3, 2019