reversion

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Related to reversionary: reversionary bonus, reversionary annuity, reversionary interest, reversionary value, reversionary estate

Reversion

reversion

The interest retained by a grantor after transferring some of its interests but not all. A landlord transfers some of its interests when it executes a lease; the right retained is the reversion. Also called a reversionary interest. Contrast with right of reentry.

References in periodicals archive ?
For a ground lease to be acceptable to a leasehold mortgagee without encumbering landlord's fee simple estate in the land and reversionary interest in the improvements, it should generally include the following key terms.
Application of the assumptions presented resulted in estimated year 1 net operating income of $213,784 and a reversionary value for the subject property at the end of year 10 of $3,050,961.
Reversionary annuities can produce this at a low cost because the severely handicapped have lower life expectancy than others.
Alterman's views of Congress seem too influenced by the ephemera of the current reversionary majority.
The band offered to accept a reversionary clause -- should the airport close in the future, the land would be returned to the band.
The donor must not hold title to the property or retain a reversionary interest in it.
00% Year 1 Year 2 Year 3 Year 4 Year 5 Annual Cash Flow $100,000 $100,000 $100,000 $100,000 $100,000 Reversionary Value $1,000,000 $100,000 $100,000 $100,000 $100,000 $1,100,000 Present Value $927,904 Step 2: Change Capitalization Rate from 10 percent to 12 percent and Discount Rate from 12 percent to 20 percent Discount Rate: 20.
Is a landlord's reversionary interest under a legacy lease treated as a capital good?
7% and a reversionary yield, assuming all units are let at current
We believe that well-located prime assets of this nature have excellent reversionary potential and subsequently offer a compelling risk-return profile.
The operator of the Delhi Field, where Evolution Petroleum Corporation ("Evolution") owns royalty interests and a reversionary working interest, recently reported on the status of a release of fluids discovered in June.
The properties from the sale were originally acquired as part of Grainger''s larger portfolio of reversionary assets.