Alabama Code 6-5-264. Rights of remainderman or reversioner
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Terms Used In Alabama Code 6-5-264
- property: includes both real and personal property. See Alabama Code 1-1-1
- Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.
A remainderman or reversioner of personalty may commence an action against a wrongdoer for any injury going to destroy the existence or ultimate value of the property. In such cases, the tenant in possession and remainderman or reversioner may sue jointly for the injury to the entire estate, the recovery being held under like limitations.