2017 Arizona Revised Statutes
Title 33 - Property
§ 33-204 Estates in expectancy; reversions; future estates; remainders

Universal Citation: AZ Rev Stat § 33-204 (2017)

33-204. Estates in expectancy; reversions; future estates; remainders

A. Estates in expectancy are divided into:

1. Reversions. A reversion is the residue of an estate left in a grantor or his heirs, or in the heirs of a testator, commencing in possession upon the determination of a particular estate granted or devised.

2. Future estates. A future estate is an estate limited to commence in possession at a future time, either without the intervention of a precedent estate or upon the determination, by lapse of time or otherwise, of a precedent estate created at the same time. A future estate dependent upon a precedent estate is a remainder.

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