reversion

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: the present vested interest in the residue of an estate that remains in its owner after the grant therefrom of a lesser estate (as a life estate) and that will commence in possession by operation of law upon termination of the lesser estate
b: the future interest in property left in a grantor or his or her successor in interest that is not subject to a condition precedent compare possibility of reverter, remainder
re·ver·sion·ary /-zhə-ˌner-ē/ adj

Merriam-Webster’s Dictionary of Law. . 1996.

reversion
I (act of returning) noun about-face, backslide, recidivism, regress, regression, relapse, retroaction, retrocession, retrogradation, retrogression, retroversion, return, reversal, reverse, reverting, throwback, turnabout, turnaround II (remainder of an estate) noun future interest, future possession, hereditas, remainder over, residue, right of future enjoyment, right of future possession, right of succession associated concepts: equitable reversion, life estate, partial reversion, reversionary interest, right of reversion III index continuation (resumption), decline, defeasance, devolution, heritage, lapse (expiration), nollo prosequi, recidivism, reconversion, recovery (repossession), recrudescence, relapse, remainder (remaining part), restitution, resurgence, reversal

Burton's Legal Thesaurus. . 2006


reversion
n.
A right to property held by its original owner or his or her heirs to take it back when a current interest ends, such as at the end of a lease or on the death of the person who currently possesses it; also called reverter.
v.
revert

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


reversion
The return to an original owner, or to that person's heirs, of real estate after all interests in the property given to others have terminated. Example: George deeds property to the local hospital district for "use for health facilities only." Eventually, the hospital is torn down, and the property is now vacant. The property reverts to George's descendants. Also called reverter.
Category: Real Estate & Rental Property
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

reversion
The landlord's interest in let premises.

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


reversion
n. A future interest in land created by operation of law by a conveyance of property for a specified period of time without transfer of title to said land. Upon expiration of the period of the lease, the land reverts to the lease grantor or his or her heirs. Additionally, reversion may refer to the part of an estate that the grantor retains upon conveyance of the rest of it.

Webster's New World Law Dictionary. . 2000.


reversion
Any future interest kept by a person who transfers property to another.

Dictionary from West's Encyclopedia of American Law. 2005.


reversion
Any future interest kept by a person who transfers property to another.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

reversion
n.
   in real property, the return to the grantor or his/her heirs of real property after all interests in the property given to others have terminated. Examples: a) George Generous deeded property to the local hospital district for "use for health facilities only," and the hospital is eventually torn down and the property is now vacant. The property reverts to George's descendants. b) George wills the property to his sister's children only, who later died without children. When the last grandchild dies the property reverts to George's descendants. Reversion is also called "reverter."
   See also: reverter

Law dictionary. . 2013.

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Look at other dictionaries:

  • réversion — [ revɛrsjɔ̃ ] n. f. • revercioun 1304; lat. reversio, de revertere 1 ♦ Dr. Droit de retour. Pension de réversion. (Parfois prononcé [ rəvɛrsjɔ̃ ] par infl. de reverser.) 2 ♦ Biol. Changement dans l A. D. N. qui inverse une altération causée par… …   Encyclopédie Universelle

  • Reversion — may refer to:*Reversion (law) *Reversion (software development) *Re version, the re release of an existing television programmes or film. *Series reversion, in mathematics *Reversion, in evolutionary biology it is the return of a character to one …   Wikipedia

  • reversion — re‧ver‧sion [rɪˈvɜːʆn ǁ rɪˈvɜːrʒn] noun [uncountable] LAW the return of property, for example at the end of a period of time when someone else has had the right to use it: • the reversion of Hong Kong to China * * * reversion UK US /rɪˈvɜːʃən/… …   Financial and business terms

  • reversion — 1 return, recurrence, recrudescence (see under RETURN vb) 2 Reversion, atavism, throwback are comparable when they mean return to an ancestral type or an instance of such return. The same distinctions in implications and connotations are evident… …   New Dictionary of Synonyms

  • Reversion — Re*ver sion (r[ e]*v[ e]r sh[u^]n), n. [F. r[ e]version, L. reversio a turning back. See {Revert}.] 1. The act of returning, or coming back; return. [Obs.] [1913 Webster] After his reversion home, [he] was spoiled, also, of all that he brought… …   The Collaborative International Dictionary of English

  • 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

  • reversion — Reversion. s. f. v. Terme de pratique & de Jurisprudence, formé du verbe Revertir, qui n est point en usage. Retour, réünion d un fief mouvant au fief dominant, dont il avoit esté détaché. Les appanages se donnent à charge de reversion faute d… …   Dictionnaire de l'Académie française

  • reversion — (n.) early 15c., from O.Fr. reversion, from L. reversionem (nom. reversio), noun of action from pp. stem of revertere (see REVERT (Cf. revert)) …   Etymology dictionary

  • reversión — sustantivo femenino 1. Uso/registro: elevado. Acción y resultado de revertir: La reversión de los inmuebles a los antiguos propietarios es un acto de justicia. Sinónimo: retorno …   Diccionario Salamanca de la Lengua Española

  • reversion — reversion. См. реверсная мутация. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …   Молекулярная биология и генетика. Толковый словарь.

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