Reversionary Interest
Barron's Business Dictionary:
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Reversionary Interest
Interest a person has in property upon the termination of the preceding estate.
See remainder ; remainderperson .
See remainder ; remainderperson .
| Reversionary Factor, Reversion, Reversing Entry | |
| Reversionary Value, Review, Revocable Transfers |
Barron's Real Estate Dictionary:
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Reversionary Interest
The interest a person has in property upon the termination of the preceding estate.
Example: Abel is the remainderman in property that was granted to Baker for life. Abel has a reversionary interest in the property.
Example: Abel is the remainderman in property that was granted to Baker for life. Abel has a reversionary interest in the property.
| Reversion, Reverse Radius Clause | |
| Reversionary Value, Reversionaryfactor |
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Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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