What Is Reversion in Property Law? - LegalClarity Reversion in property law involves the future interest retained by a grantor when transferring an estate less than their own This legal mechanism determines how property rights are allocated over time, affecting current ownership and future claims Understanding reversion is essential for property transactions and estate planning, as it helps individuals manage property rights and preserve
Estate in Reversion - Legal Glossary Definition 101 An Estate in Reversion (or "Reversionary Interest") is a future interest in a property that is "retained" by the original grantor For example, if a grantor gives a "life estate" to someone, the grantor retains the estate in reversion, meaning the full ownership of the property automatically "reverts" back to the grantor upon the death of the life tenant
reversion | Wex | US Law | LII Legal Information Institute A reversion interest is an effective method for estate planning or when the original grantor wants to ensure that the rights to a real property stay within a family group See also: remainders [Last reviewed in May of 2024 by the Wex Definitions Team] Wex PROPERTY property real estate law trusts inheritances estates wex definitions
Reversion (law) - Wikipedia A reversion in property law is a future interest that is retained by the grantor after the conveyance of an estate of a lesser quantum than he has (such as the owner of a fee simple granting a life estate or a leasehold estate)
Future Interests: Reversion, Possibility of Reverter, Right of Entry . . . A tutorial on future interests in property, including the grantor's interest — reversion, possibility of reverter, and right of entry — and the grantee's future interests: vested remainders, contingent remainders, and executory interests
ESTATE IN REVERSION - The Law Dictionary Estate In Reversion Definition and Citations: A species of estate in expectancy, created by operation oflaw, being the residue of an estate left in tlie grantor, to commence in possession afterthe determination of some particular estate granted out by him 2 Bl Comm 175; 2Crabb, Real Prop p 978
Definition of ESTATE IN REVERSION - Law Dictionary An estate in reversion is where any estate is derived, by grant or otherwise, out of a larger one, leaving in the original owner an ulterior estate immediately expectant on that which is so derived; the latter interest being called the “particular estate,” as being only a small part or particula of the original one,) and the ulterior
Reversion legal definition of reversion A reversion differs from a remainder because a reversion arises through the operation of law rather than by act of the parties A remainder is a future interest that is created in some person other than the grantor or transferor, whereas a reversion creates a future interest in the grantor or his or her heirs
REVERSION Definition Meaning - Merriam-Webster The meaning of REVERSION is the part of a simple estate remaining in the control of its owner after the owner has granted therefrom a lesser particular estate How to use reversion in a sentence
Clarification Of Reversion In Real Estate Definition of "Reversion" The definition of reversion in real estate is the return of property or assets to their original owner after a prespecified event or occurrence This real estate term is used primarily in documents pertaining to estates and their execution, but can also be used in other circumstances
Understanding Property Reversion Rights in Real Estate Law Learn what property reversion means in real estate - from temporary interests to regaining ownership Discover how landlords protect their long-term property rights after leases end
Estates in Reversion - LONANG Institute LECTURE 62 Of Estates In Reversion A REVERSION is the return of land to the grantor, and his heirs, after the grant is over; 1 or, according to the formal definition in the New York Revised Statutes, 2 it is the residue of an estate left in the grantor, or his heirs, or in the heirs of a testator, commencing in possession on the determination of a particular estate granted or devised It
estate in reversion - Real Estate Dictionary Definitions Definition: An estate that reverts back to the original grantor Pronunciation: \i-ˈstāt\ \ri-ˈvər-zhən, -shən\ Used in a Sentence: An estate in reversion was created when Mary died and the property returned to her son
What is Reversion? Simple Definition Meaning · LSD. Law Simple Definition A reversion is a future interest in property that remains with the original grantor (or their heirs) after they convey a lesser estate, such as a life estate or a term of years, to another party