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Res judicata does not act as a bar to an action where the law changes after the completion of the initial litigation and thereby alters the legal principles on which the court will resolve the subsequent case. but, except by rele'ase, or conveyance with a reversion, or between the heirs of the grantor, the power o{ termination is not alienable. Remember that a possessory estate in land is an interest where you have the current right to possess and use the real property. Reverter occurs when the property owner transfers a vested estate of lesser quantum than he started with. A tabbed collection of Mills & Reeve sites. for Mills & Reeve. Help through marriage breakdown, separation and divorce. endobj <>stream Appeal from Washtenaw Circuit Court, LC No. Please check official sources. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> MacKenzie, JJ. 2022-10-12T15:46:37-07:00 the transfer of the title of the property. If A uses the property for a purpose other than education, the property reverts to grantor Blackacre. Watch the 5 p.m. news live right now on Local 4+ Expect More from Local 4 News at 5. endobj A grantor is simply the name we give to someone who conveys an interest during his or her life, while a devisor does it through a will after death. <>/Metadata 2 0 R/Outlines 5 0 R/Pages 3 0 R/StructTreeRoot 6 0 R/Type/Catalog/ViewerPreferences<>>> Plaintiffs' third-party complaint alleged malpractice, negligence, misrepresentation, conflict of interest, breach of fiduciary duty, and violation of the Michigan Consumer Protection Act. endobj 37 0 obj endobj Title Theory State | Rights, Differences & Purpose, Termination of Easements | How to Remove an Easement from Property, Contract Breach Remedies: Reliance & Restitution, Estate for Years: Overview & Examples | Estate for Years in Real Estate Definition, Arizona Real Estate Broker License Exam: Study Guide, Florida Real Estate Sales Associate Exam: Test Prep & Study Guide, Kansas Real Estate Salesperson Exam: Study Guide & Practice, Minnesota Real Estate Salesperson Exam: Study Guide & Practice, Utah Real Estate Salesperson Exam: Study Guide & Practice, Wisconsin Real Estate Broker Exam: Study Guide & Practice, Wisconsin Real Estate Salesperson Exam: Study Guide & Practice, Virginia Real Estate Salesperson Licensing Exam: Study Guide, Virginia Real Estate Broker License Exam: Study Guide, Arizona Real Estate Salesperson Licensing Exam: Study Guide, Illinois Real Estate Broker License Exam: Study Guide, Texas Real Estate Broker License Exam: Study Guide, Florida AQB Certified General Appraiser Exam: Study Guide, Texas AQB Certified General Appraiser Exam: Study Guide, Illinois AQB Certified General Appraiser Exam: Study Guide, Georgia AQB Certified General Appraiser Exam: Study Guide, Arizona AQB Certified General Appraiser Exam: Study Guide, Colorado Real Estate Broker License Exam: Study Guide, North Carolina Real Estate Broker License: Study Guide, Create an account to start this course today.