PASS GEORGIA
REAL ESTATE EXAM PREPGEORGIA REAL ESTATE EXAM GLOSSARY
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.
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 Reversion mean?
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.
How do you separate the nearest exam answer?
A reversion returns to the grantor or the grantor's successors. A remainder is created in a different person.
What changes or stays the same in Georgia?
The interest arises from what the grantor retained under the conveyance. The deed language, not who happens to occupy later, controls classification.
An owner conveys a farm to Elise for life and names no taker after Elise. The owner retains the reversion.
A reversion does not wait for a breach. It becomes possessory when the prior estate naturally ends.
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.
Paul deeds his farm to Elise for life and names no one to take after her. Elise dies. Who is entitled to possession?
- A
Elise's heirs, by inheritance
- B
The state, by escheat
- C
Elise's children, by a remainder
- D
Paul or his heirs, by reversion
When a grantor gives away a smaller estate and names no one to take next, the grantor keeps a reversion. It becomes possessory when the life estate naturally ends. No remainder exists because the deed named no third party.
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