property
What if someone transfers his/her asset to someone?
<p>Imagine that there's a person who has asset. If that person transfers his asset to someone, might he get his asset back? Or can he prepare a protocol as he will get his asset back when he wants? </p>

<p>Regards!</p>

<p>Yes, it is certainly possible to create a mutual agreement under which one party transfers property to another person, including various conditions under which the recipient would be required to return the property to the originating party, among possibly infinite other ways. </p>

<p>In transfer of real estate, for instance, there is also such a thing as a conditional deed in the form of "fee simple determinable" or maybe also "fee simple  subject to condition subsequent", in the common law, in which title reverts, or may revert, to the grantor according to various specified conditions in the transfer deed.</p>

<p>As a general rule, if a person attempts to transfer their property to others in violation of the local laws (e.g., for fraud on creditors), a court (e.g., in the USA) may have the power to rescind the transfer "as a matter of law", placing the property within reach of the originating party's creditors.  Similar rules may apply in situations related to rescission in divorce, elder-care, bankruptcy, and the like.</p>

<p>Of course, numerous jurisdictions have no "common law" at all (being governed under, "civil law", for one) and even most US states have enacted statutes that supersede the common law in various ways. </p>
