In real estate law, reversion is the right to future possession or enjoyment of property that remains with the person who created a prior estate, or with that person’s heirs. It arises automatically when a temporary estate, such as a lease or life estate, comes to an end.
A common example of reversion is the interest held by a lessor during the term of a lease. When the lease expires, possession of the property reverts to the lessor, who regains full control and use of the property.
