MLchartDataset catalogue

Reversion

Term · Law · MLC-T-LAW-004314

A future interest in real property that arises when a grantor conveys a lesser estate than they own, retaining the remainder for themselves. For example, if an owner grants a life estate, the property reverts to the original owner or their heirs upon the death of the life tenant. This interest is certain to become possessory at some point.

Table 1. Record
IdentifierMLC-T-LAW-004314
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-004314",
  "term": "Reversion",
  "field": "Law",
  "definition": "A future interest in real property that arises when a grantor conveys a lesser estate than they own, retaining the remainder for themselves. For example, if an owner grants a life estate, the property reverts to the original owner or their heirs upon the death of the life tenant. This interest is certain to become possessory at some point.",
  "url": "https://mlchart.com/terminology/law/reversion/"
}

Record 4,375 of 5,439 in Law terminology (MLC-0107). Request the full dataset.