Sir Edward Coke described a reversion to be the returning of lands to the grantor or his heirs after the grant is over. 44 (1943):Ī reversion has been defined as ‘a future estate created by operation of law to take effect in possession in favor of a lessor or a grantor or his heirs, or the heirs of a testator, after the natural termination of a prior particular estate leased, granted or devised.’ Reeves on Real Prop. Under traditional common law estates terminology, a “reversion” is a future interest remaining in the transferor following the conveyance of certain lesser estates to a transferee, typically when the transferee takes a possessory estate of freehold, for example a life estate.įidelity-Philadelphia Trust Co. The grantor’s estate is therefore termed a reversion instead of merely a “possibility” of reverter. There is no possibility that the original grantee’s estate will not expire. Unlike the possibility of reverter and the right of entry, a reversion that follows a life estate will eventually become possessory. A future interest created in a grantor who conveys anything less than a fee simple (either absolute or defeasible) in the property in other words, the reversion follows a life estate or a fee tail.
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