Originally Posted by Caustic

Lift off oversteer is a mid/rear engine car issue. When you lift off the throttle, the weight transfer moves forward, giving the front tires grip, but also makes the rear light. With less grip on the rear tires, a mid/rear car begins to rotate it's rear biased weight around the now grippy front tires. This is what made 70s and 80s (90s probably too) Porsche 911s treacherous to drive.