The remnant of an estate that the grantor holds after granting a life estate to another person.
Related information about reversionary interest:
- 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 ...
- 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 ...
- 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.
- 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 ...
- Reversionary Interest: Definition from Answers.com
Interest a person has in property upon the termination of the preceding estate. See remainder ; remainderperson.
- 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 ...
- What Is Reversionary Interest?
Brief and Straightforward Guide: What Is Reversionary Interest?
- 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.