California Civil Code 768 – A reversion is the residue of an estate left by operation of law in …
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A reversion is the residue of an estate left by operation of law in the grantor or his successors, or in the successors of a testator, commencing in possession on the determination of a particular estate granted or devised.
(Enacted 1872.)
Terms Used In California Civil Code 768
- Grantor: The person who establishes a trust and places property into it.
- Testator: A male person who leaves a will at death.