Reversion (law)

{{Short description|Future interest that is retained by the grantor}}

{{confused|Reversal (law)}}

{{redirect|Reverter|the medieval Catalan nobleman|Reverter de La Guardia}}

{{Property law}}

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). Once the lesser estate comes to an end (the lease expires or the life estate tenant dies), the property automatically reverts (hence reversion) back to the grantor.{{Cite book |url=https://www.worldcat.org/oclc/51115242 |title=A dictionary of law |date=2002 |publisher=Oxford University Press |others=E. A. Martin |isbn=0-19-860399-1 |edition=5|location=[Oxford] |oclc=51115242|pages=434–5}}

References

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Category:Property law

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