reversioner

Definition of "reversioner"
  1. An individual who has the right to reclaim possession or ownership of a property once a certain condition has been fulfilled
How to use "reversioner" in a sentence
  1. The reversioner took possession of his late uncle's property after the lease expired.
  2. In the legal deed, the reversioner was clearly named as the person who would receive the estate upon the end of the current agreement.
  3. With the extinguishing of the life estate, the reversioner is now entitled to assume full control of the property.

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