Final answer:
The term that describes a situation in which a person buying a property may not use the property for the manufacture of alcoholic beverages or else the title will revert back to the seller is a Use Restriction.
Step-by-step explanation:
The term that describes a situation in which a person buying a property may not use the property for the manufacture of alcoholic beverages or else the title will revert back to the seller is a Use Restriction. This is a legal provision inserted into the property deed or contract that limits the ways in which the property can be used.
For example, if the buyer purchases a property with a use restriction that prohibits the manufacture of alcoholic beverages, they cannot use the property for this purpose. If they do, the title will revert back to the seller, meaning the seller will regain ownership and control over the property.
Use restrictions are commonly used to protect the interests of the seller or to maintain the intended character of a property or neighborhood. They are often found in residential and commercial properties to preserve certain qualities or prevent specific activities.