Definition of a possibility of reverter

N.Y. Estates, Powers & Trusts Law § 6-4.5, under Estates Defined.

N.Y. Estates, Powers & Trusts Law § 6-4.5

§ 6-4.5 Definition of a possibility of reverter\n A possibility of reverter is the future estate left in the creator or\nin his successors in interest upon the simultaneous creation of an\nestate that will terminate automatically within a period of time defined\nby the occurrence of a specified event.\n