GEORGIA CODE (Last Updated: August 20, 2013) |
Title 44. PROPERTY |
Chapter 6. ESTATES |
Article 4. REMAINDERS AND REVERSIONS |
Section 44-6-60. Nature of estates in remainder and in reversion; rights of reversioner
Latest version.
- (a) An estate in remainder is one limited to be enjoyed after another estate is terminated or at a time specified in the future.
(b) An estate in reversion is the residue of an estate, usually the fee left in the grantor and his heirs after the termination of a particular estate which he has granted out of it.
(c) The rights of the reversioner are the same as those of a vested remainderman in fee.
Orig. Code 1863, § 2245; Code 1868, § 2237; Code 1873, § 2263; Code 1882, § 2263; Civil Code 1895, § 3098; Civil Code 1910, § 3674; Code 1933, § 85-701.