interest in reversion

interest in reversion

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • reversion — re·ver·sion /ri vər zhən/ n [Anglo French, from Middle French, from Latin reversio act of turning back, from revertere to turn back] 1: the returning of an estate upon its termination to the former owner or to his or her successor in interest 2 a …   Law dictionary

  • reversion or estate in reversion — /(asteyt in) ravarzhan/ A future interest under which a grantor retains a present right to a future interest in property that the grantor conveys to another; usually the residue of a life estate. The residue of an estate left by operation of law… …   Black's law dictionary

  • reversion — or estate in reversion /(asteyt in) ravarzhan/ A future interest under which a grantor retains a present right to a future interest in property that the grantor conveys to another; usually the residue of a life estate. The residue of an estate… …   Black's law dictionary

  • interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim …   Law dictionary

  • reversion rights — noun automatic reversionary rights, retroaction, retroversion, reversal of rights, reversionary interest, reverting Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • reversion — reversionally, adv. /ri verr zheuhn, sheuhn/, n. 1. the act of turning something the reverse way. 2. the state of being so turned; reversal. 3. the act of reverting; return to a former practice, belief, condition, etc. 4. Biol. a. reappearance of …   Universalium

  • reversion — A future estate in either real or personal property arising by operation of law to take effect in possession in favor of a grantor, lessor, or transferor, or his heirs, distributees, devisees, or legatees, after the termination of a prior… …   Ballentine's law dictionary

  • Reversion (law) — In law, a reversion is an agreement such that one party (grantee) is given a possessory interest in a property from another (grantor) under the understanding that the interest will revert to the grantor at the expiration of the grantee s interest …   Wikipedia

  • reversion — noun Etymology: Middle English, from Anglo French, from Latin reversion , reversio act of returning, from revertere Date: 15th century 1. a. the part of a simple estate remaining in the control of its owner after the owner has granted therefrom a …   New Collegiate Dictionary

  • reversion — /rəˈvɜʒən/ (say ruh verzhuhn) noun 1. the act of turning something the reverse way. 2. the state of being so turned; reversal. 3. the act of reverting; return to a former practice, belief, condition, etc. 4. Biology a. reappearance of ancestral… …  

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