Reversion: Difference between revisions

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n.) That which reverts or returns; residue.
n.) The returning of an esttate to the grantor or his heirs, by operation of law, after the grant has terminated; hence, the residue of an estate left in the proprietor or owner thereof, to take effect in possession, by operation of law, after the termination of a limited or less estate carved out of it and conveyed by him.

Latest revision as of 08:20, 30 May 2024

n.) The returning of an esttate to the grantor or his heirs, by operation of law, after the grant has terminated; hence, the residue of an estate left in the proprietor or owner thereof, to take effect in possession, by operation of law, after the termination of a limited or less estate carved out of it and conveyed by him.