§ 34-4-19 - Limitation of possibilities of reverter and rights of entry.
SECTION 34-4-19
§ 34-4-19 Limitation of possibilities ofreverter and rights of entry. – If a possibility of reverter or right of entry for condition broken in land isreserved in a deed executed after May 11, 1953, or in a will of a testator whodies after May 11, 1953, and the possibility of reverter does not become apossessory interest or the right of entry is not exercised within twenty (20)years from the date of the execution of the deed or the death of the testator,then the possibility of reverter or right of entry shall become void, except ahousing restriction as set forth in § 34-39.1-3.