California Codes, Civil Code - CIV, Division 2 — Property, Part 2 — Real or Immovable Property, Title 5 — Marketable Record Title, Chapter 5 — Powers of Termination, Section 885.020

Fees simple determinable and possibilities of reverter are abolished. Every estate that would be at common law a fee simple determinable is deemed to be a fee simple subject to a restriction in the form of a condition subsequent. Every interest that would be at common law a possibility of reverter is deemed to be and is enforceable as a power of termination.

Notes

Establishes that common-law fees simple determinable and possibilities of reverter are abolished and converted into the statutory forms described by the provision. A former fee simple determinable is treated as a fee simple subject to a condition-subsequent restriction, and a former possibility of reverter is treated and enforceable as a power of termination.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 885.020 | https://laws.lexinter.net/codes/california/civil-code/division-2/part-2/title-5/chapter-5/section-885-020

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.