Remainder and Reversion are categories of which broader concept?

• A. Future Interests
• B. Zoning
• C. Taxation
• D. Police Power

Answer: (A)

Future interests are kinds of rights that will become possessory in the future. Remainder and reversion are two examples of these future interests. A remainder is a future right to take possession after the termination of a preceding estate, such as “to A for life, then to B.” B’s interest is not possessory while A is alive, but it becomes possessory when the life estate ends. A reversion occurs when the grantor conveys a lesser estate than they own, leaving a future interest to take back possession after that estate ends—for example, “to A for life,” with the property reverting to the grantor (or the grantor’s heirs) once A dies. These are distinct from regulatory tools like zoning, taxation, or police power, which govern land use, not future ownership in the property.