Examlex
Describe the three forms of documentation.
Immediate Possession
Immediate possession refers to a legal situation where an individual or entity has the right to take control of a property or asset without delay.
Hayfield
A field where hay is grown, usually for agricultural purposes such as feeding livestock.
Reversion
A return to a previous state or condition.
Vested Remainder
A future interest in property that is certain to occur, provided the current estate terminates, and is not subject to any conditions precedent.
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