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Glossary » Conditional Transfers with Reverter Clause
Conditional Transfers with Reverter Clause
- A deed restriction with power. It includes a clause that if the restrictions are violated the property is returned automatically to the original owner, his heirs, or a conservation organization [Source: Landowner Options, Land Conservancy of North Kingstown, http://www.lcnk.org/lcnkPage.cfm?sec=17&opt=0#cov]