Alice conveys a parcel of land to Bob for the duration of Bob's lifetime. Upon Bob's death, the property will automatically return to Alice. What type of future interest does Alice retain in this conveyance?
Alice retains a reversion in this conveyance because the property automatically returns to her after Bob's life estate ends. A reversion occurs when the grantor retains the future interest after granting a life estate or other defeasible fee.
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Multistate Bar Examination
Real Property
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