PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM GLOSSARY
Remainder
A remainder is a future interest created in a third party that becomes possessory when a prior estate, such as a life estate, naturally ends.
Property Ownership
Freehold estates and future interests
Define, distinguish, apply, retrieve
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PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDEBuild the complete exam definition
Learn the rule, separate it from the nearest distractor, then apply it to a Georgia fact pattern.
What does Remainder mean?
A remainder is a future interest created in a third party that becomes possessory when a prior estate, such as a life estate, naturally ends.
How do you separate the nearest exam answer?
A remainder goes to someone other than the grantor. A reversion returns possession to the grantor or the grantor's successors.
What changes or stays the same in Georgia?
Read the deed language. Georgia follows the instrument's grant to determine whether the future interest is a remainder or a reversion.
A deed conveys Blackacre to Dana for life, then to Priya. Priya holds the remainder.
Do not call every future interest a reversion. Ask who receives possession after the life estate.
Memory cue: Do not call every future interest a reversion.PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDERetrieve the rule under exam conditions
Answer before reading the explanation. Then explain why every distractor belongs to a different term.
Which statement correctly explains Remainder?
- A
A life estate is a freehold interest that lasts for the lifetime of a named person.
- B
A remainder is a future interest created in a third party that becomes possessory when a prior estate, such as a life estate, naturally ends.
- C
A reversion is the future interest a grantor retains when the grantor transfers a smaller estate and has not given the remaining future interest to a third party.
- D
A deed is a written instrument by which a grantor conveys an interest in real property to a grantee.
Remainder is correct. A remainder is a future interest created in a third party that becomes possessory when a prior estate, such as a life estate, naturally ends. A remainder goes to someone other than the grantor. A reversion returns possession to the grantor or the grantor's successors. Read the deed language. Georgia follows the instrument's grant to determine whether the future interest is a remainder or a reversion.
Mark each box only when you can perform the skill without looking.
I can define the term in one precise sentence.
I can separate it from the closest look-alike.
I can explain the Georgia rule or confirm that the national rule applies.
I can answer the practice check and explain every option.
PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM
GLOSSARY TERM GUIDEConnect the term to the wider exam
Use these relationships to move from isolated recall to a connected exam model.
Property Ownership complete lesson
https://www.passgeorgiarealestate.com/study-guide/property-ownership/forms-of-ownership
Official exam administration and content-outline source.
https://test-takers.psiexams.com/api/content/bulletin/4672State-authorized public access to current Georgia statutes, including Title 44 property law.
https://www.lexisnexis.com/hottopics/gacode/Default.asp