Cal. Civil Code § 885.020 : Marketable Record Title — California Civil Code — Property — Powers Of Termination — Fee simple determinable and possibilities of reverter abolished

Current through the 2016 Legislative Session

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.