Interest a person has in property upon the termination of the preceding estate. See Remainder; Remainderperson.
| Business Dictionary: Reversionary Interest |
Interest a person has in property upon the termination of the preceding estate. See Remainder; Remainderperson.
| 5min Related Video: Reversionary Interest |
| Real Estate Dictionary: 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.
| reversionary | |
| Release | |
| Possibility of a Reverter |
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