Langdon leases his hayfield to Tom for a period of ten years. What interest does Langdon have in the land?
A) A vested remainder.
B) A reversion.
C) A private easement.
D) A possibility of reverter.

Question

Quizplus · Accepted Answer

Langdon has a reversion interest in the land because, after the lease term ends (ten years in this case), the property rights will revert back to Langdon.

Langdon Leases His Hayfield to Tom for a Period of Ten