Reversion
/rɪˈvɜːrʒən/
Definitions
- (n.) The return of property or rights to the original owner or their heirs upon termination of a particular estate or condition.
The landlord retained a reversionary interest in the leased premises after the lease expired.
- (n.) In trusts or estates law, a future interest remaining in a grantor who has conveyed a lesser estate.
She holds a reversion in the property after the life estate ends.
Related terms
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Commentary
Reversion is a technical term in property law describing a future interest; distinguish carefully from remainder and reverter for precise usage.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.