Okay, the secret is out. I am currently studying for my bar exam. In the process, I must study real property law and other areas of law that pertain to real estate and may be helpful to a real estate or land investor. I figured since I was studying anyways, I might as well put each topic one video at a time. I also started a YouTube channel which can be seen here.
In the last post we discussed future interest in real estate which consist of (1) reversions and (2) remainders. In this video I go a little more in-depth about the two. In general, reversion interest are created when a grantor transfers only a part of the interest in the real estate and the property will eventually come back into his or her possession. In a remainder, the property owner divest himself of the property but the person gaining the current possession will eventually have there interest end and the interest remaining will go to someone else. Let me explain...
Follow me on Twitter @NicholasCoriano and feel free to email at Homeskape@gmail.com
