Definitions from Wiktionary (power of termination)
▸ noun: (law) Where a grantor has created a fee simple subject to condition subsequent, and the condition of the grant has come to pass, the right of the grantor to physically reclaim ownership of the land.
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▸ noun: (law) Where a grantor has created a fee simple subject to condition subsequent, and the condition of the grant has come to pass, the right of the grantor to physically reclaim ownership of the land.
Similar:
right of entry,
right of reentry,
possibility of reverter,
conditional fee,
condition subsequent,
reverter,
fee simple determinable,
defeasible fee,
shifting executory interest,
springing executory interest,
more...
Opposite:
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