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Which of the following characterizes a reversionary interest? A. An interest in land that returns to a grantor at the end of a life estate.
Which of the following characterizes a reversionary interest?
A. | An interest in land that returns to a grantor at the end of a life estate. | |
B. | A life estate. | |
C. | An interest in land that vest in a person other than the grantor or life tenant. | |
D. | An interest in land that is contingent upon the happening of an event or circumstance. |
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