44-6-60. Nature of estates in remainder and in reversion; rights of reversioner.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

(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.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

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.

Cross references

Right of action for injury to remainder or reversionary interest in personalty, § 51-10-5.

Law reviews

For article, ‘‘Descendible Future Interests in Georgia: The Effect of the Preference for Early Vesting,’’ see 7 Ga. L. Rev. 443 (1973). For note discussing construction and interpretation of wills, see 1 Ga. L. Rev. No. 1, p. 46 (1927).

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t44-ch1-7-(v31)-2010-pdf.pdf, Volume V31, 2010 edition, page 638; merge action: annotated; file SHA-256 490191d3dc54.