PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM GLOSSARY
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
Official exam outline plus authoritative Georgia or federal references where the topic has a controlling rule. Independent educational resource, not affiliated with GREC or PSI.
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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.
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.
Maria deeds her home to her brother Kim for life, then to her daughter Luz. Kim dies. Who takes possession, and through what interest?
- A
Maria, by reversion
- B
Kim's heirs, by inheritance
- C
Luz, by remainder
- D
Luz, by reversion
A future interest created in a third party is a remainder, and it becomes possessory when the life estate ends. Luz is not the grantor, so her interest cannot be a reversion. Kim's heirs take nothing because his estate ended at his death.
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