Full question:
My son has adjoining property to mine and he is donating 5 acres to Feed My Lambs Ministries, Inc. to build a child care facility. If the facility ever 'closes its doors', he would like the deed/contract to state that the property reverts back to him. I am the President of Feed My Lambs and I will be taking out a loan/mortgage for the purchase of the building to be built on the land that he is donating. Can this information be put on a quit claim deed or is there another form we should use?
- Category: Real Property
- Subcategory: Deeds
- Date:
- State: Georgia
Answer:
Reversion refers to the return of property to the original owner after certain conditions are met. To establish a right of reverter, your son would need to execute a special warranty deed. This deed should include specific language that allows the property to revert to him if the child care facility ceases operations. A quit claim deed may not provide the necessary legal protections for this type of arrangement.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.