REVERSIONER Meaning and
Definition
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A reversioner, in legal terminology, refers to a person who holds a future interest in property or an estate, specifically following the expiration of a prior interest or the termination of an existing estate. In other words, a reversioner is an individual who possesses the right to claim ownership or possession of property, once the current occupant's estate interest comes to an end.
Typically, a reversioner's rights materialize when either a lease, life estate, or any other form of property interest expires. Upon this expiration, the reversioner holds the legal entitlement to regain complete control and enjoyment of the property, subject to any prior encumbrances or interests. It is important to note that the reversioner's interest can also be in the form of a possibility of reverter if the property is subject to a fee simple determinable, wherein ownership automatically reverts to the reversioner upon the occurrence of a specific event or condition.
The rights of a reversioner are contingent upon the duration and terms of the preceding estate. While the reversioner holds a present interest in the property, their possession may or may not be realized immediately. Instead, they await the expiration or termination of the current estate, at which point their reversionary interest will fully activate. Reversioners often have a vested interest in monitoring the conditions and use of the property, as it directly impacts their future rights and enjoyment.
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One who holds a reversion; to reverse an engine, to cause it to perform its revolutions in an opposite direction with the view of quickly bringing it to a stand.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for REVERSIONER
- eeversioner
- deversioner
- feversioner
- teversioner
- 5eversioner
- 4eversioner
- rwversioner
- rsversioner
- rdversioner
- rrversioner
- r4versioner
- r3versioner
- recersioner
- rebersioner
- regersioner
- refersioner
- revwrsioner
- revsrsioner
- revdrsioner
Etymology of REVERSIONER
The word "reversioner" originated from the combination of two root words: "reversion" and the suffix "-er".
1. Reversion: The term "reversion" has its roots in the Latin word "reversio", which means "the act of turning back" or "return". In the legal context, it refers to the act of returning property or assets to its original owner or the person entitled to possess them after a specific event or period of time. This term has been used in English since the 14th century.
2. -er: The suffix "-er" is a common nominalizing suffix in English, which is used to form agent nouns or refer to someone or something associated with a particular action or function. It is derived from Old English "-ere" or "-are".
Similar spelling words for REVERSIONER
- repression,
- reverse hang,
- reovirus,
- reversion,
- reversal,
- reversed,
- reverse split,
- reversibly,
- reversible,
- reversibility,
- reversionist,
- reversive,
- reverse fault,
- reversionary,
- repercussion,
- reversely.
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