Exchange Currency

reversionary interest

The remnant of an estate that the grantor holds after granting a life estate to another person.

Related information about reversionary interest:
  1. Reversionary Interest Law & Legal Definition
    Reversionary interest is the interest that a person has in a property when a preceding estate ceases to exist. It means any interest the enjoyment of which is ...
     
  2. Reversion (law) - Wikipedia, the free encyclopedia
    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 that he has (such as the owner ...
     
  3. Reversionary Interest - Conservation Tools
    Feb 19, 2012 ... A landowner who is concerned about the future use of his land can donate or sell the land on a conditional rather than absolute basis.
     
  4. reversionary interest - Business Definition
    reversionary interest definition: The ownership interest of a person in property held in life estate by someone else. For example, a person gives a home to his ...
     
  5. Reversionary Interest: Definition from Answers.com
    Interest a person has in property upon the termination of the preceding estate. See remainder ; remainderperson.
     
  6. Reversionary Interest
    A reversionary interest places a condition on the transferee's right to own and occupy the land. If the. condition is violated, the property is returned to the original ...
     
  7. What Is Reversionary Interest?
    Brief and Straightforward Guide: What Is Reversionary Interest?
     
  8. What is reversionary interest? definition and meaning
    Definition of reversionary interest: The remnant of an estate that the grantor holds after granting a life estate to another person.