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Texas Deeds And Conditions Subsequent | The Other Reversionary Interest | TaxConnections Texas Deeds And Conditions Subsequent | The Other Reversionary Interest
Assume That Owner A Deeds To Buyer B Real Property In Texas Via A Special Warranty Deed That Contains The Following Provision: The property shall be used exclusively for XYZ purposes. In the event said property should cease to be used for such XYZ purposes, said property shall become the property of Organization ABC and Texas Deeds And Conditions Subsequent | The Other Reversionary Interest