reverter
- An event where the rights, property, or privilege reverts back to its previous owner after a particular condition is met
- When the lease ended, a reverter occurred returning the property back to the original landlord.
- Upon non-compliance of the terms of the agreement, a reverter would be triggered, restoring the rights to the grantor.
- Once the specified period ended, the reverter ensured that ownership rights went back to the initial owner.
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