- reversionary interest
- A reversion.
Ballentine's law dictionary. Anderson, W.S.. 1998.
reversionary interest
Look at other dictionaries:
reversionary interest — see interest 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. reversionary interest … Law dictionary
reversionary interest — The interest which a person has in the reversion of lands or other property. A right to the future enjoyment of property, at present in the possession or occupation of another. The property that reverts to the grantor after the expiration of an… … Black's law dictionary
interest — in·ter·est / in trəst; in tə rəst, ˌrest/ n [probably alteration of earlier interesse, from Anglo French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter between, among + esse to be] 1: a right, title, claim … Law dictionary
Reversionary — Re*ver sion*a*ry, a. (Law) Of or pertaining to a reversion; involving a reversion; to be enjoyed in succession, or after the termination of a particular estate; as, a reversionary interest or right. [1913 Webster] … The Collaborative International Dictionary of English
interest in reversion — See reversionary interest Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 … Law dictionary
reversionary — adjective of or relating to or involving a reversion (especially a legal reversion) reversionary annuity reversionary interest • Pertains to noun: ↑reversion • Derivationally related forms: ↑reversion • Topics: ↑ … Useful english dictionary
Disclaimer of interest — Wills, trusts and estates … Wikipedia
Rule in Howe v Earl of Dartmouth — The rule in Howe v Earl of Dartmouth (1802) 7 Ves 137 is a rule of equity in relation to the duties of a trustee in relation to a trust fund where there are successive interests in relation to the trust fund, and seeks to strike a fair balance… … Wikipedia
Qualified personal residence trust — The following article on personal residence trusts and qualified personal residence trusts is taken from attorney Jacob Stein s treatise on tax planning, with his permission. Residence trusts are used to transfer a grantor’s residence out of the… … Wikipedia
The Ramsay Principle — is the shorthand name given to the decision of the House of Lords in two important cases in the field of UK tax, reported in 1982: * Ramsay v. IRC, the full name of which is W. T. Ramsay Ltd. v. Inland Revenue Commissioners, Eilbeck (Inspector of … Wikipedia
