What is reversionary value in real estate?

The Reversion Income (Reversion Value) is the value attributable to the property remaining at the time of the property's reversion this may be the end of the lease term, or perhaps the end of the property's Remaining Economic Life.

What is an example of reversionary interest?

In trust law terms, a reversionary interest is an interest that reverts back to the settlor of a trust once a beneficiary's interest has come to an end. For example, Bob gives a life interest in Rose Cottage to his mother Judy, and on Judy's death the cottage is to revert back to Bob.

What is the difference between a reversion and remainder interest?

The key difference between a reversion and a remainder is that a reversion is held by the grantor of the original conveyance, whereas "remainder" is used to refer to an interest that would be a reversion, but is instead transferred to someone other than the grantor.

US Legal Forms
Leases
Partial Assignment of Production Payment Interests...

Reversionary Interest Lease Meaning Form

Name: Reversionary Interest Lease Meaning Form
Brand: US Legal Forms
Rating: 4.85 (500 reviews)

Category:

Oil Gas and Minerals - Assignments

State:

Multi-State

Control #:

US-OG-522

Format:

Instant download

Description Reversionary Estate

This is a form of a Partial Assignment of Production Payment Interests, Reversionary Interests, Option Rights, Leasehold Interests, and Rights Under Management Agreement.

View Sample letter interest statement for alpha kappa alpha

View this form

View Sample letter interest statement for fraternity

View this form

View Sample letter interest statement for volunteering

View this form

View Sample letter interest statement for late payment

View this form

View Sample letter interest statement for sending

View this form

How to fill out Reversionary Interest Lease Meaning Form?

There's no more reason to spend hours browsing for legal documents to comply with your local state regulations. US Legal Forms has collected all of them in one place and simplified their accessibility. Our website offers more than 85k templates for any business and personal legal cases grouped by state and area of use All forms are appropriately drafted and checked for validity, so you can be confident in getting an up-to-date Reversionary Interest Lease Meaning Form.

If you are familiar with our platform and already have an account, you need to make sure your subscription is valid before obtaining any templates. Log in to your account, select the document, and click Download. You can also return to all acquired paperwork whenever needed by opening the My Forms tab in your profile.

If you've never used our platform before, the process will take a few more steps to complete. Here's how new users can obtain the Reversionary Interest Lease Meaning Form in our catalog:

Look at the page content carefully to make certain it has the sample you need.
To do so, use the form description and preview options if any.
Utilize the Seach field above to locate another template if the previous one didn't fit you.
Click Buy Now next to the template title when you find the right one.
Opt for the preferable subscription plan and create an account or log in.
Make payment for your subscription with a card or via PayPal to proceed.
Opt for the file format for your Reversionary Interest Lease Meaning Form and download it to your device.
Print your form to complete it by hand or upload the sample if you prefer to do it in an online editor.

Preparing legal paperwork under federal and state regulations is quick and simple with our platform. Try out US Legal Forms today to keep your documentation in order!

What Is A Reversionary Interest Form Rating

4.85

Satisfied(500)

Form popularity

FAQ

A reversionary interest is created by a deed that reserves to the grantor a future ownership right upon the occurrence of some condition.

The Reversion Income (Reversion Value) is the value attributable to the property remaining at the time of the property's reversion this may be the end of the lease term, or perhaps the end of the property's Remaining Economic Life.

With reversionary interest, the property reverts to the owner after the death of the life tenant. With remainder interest, the title to the property goes to a named third party following the death of the life tenant.

In trust law terms, a reversionary interest is an interest that reverts back to the settlor of a trust once a beneficiary's interest has come to an end. For example, Bob gives a life interest in Rose Cottage to his mother Judy, and on Judy's death the cottage is to revert back to Bob.

The key difference between a reversion and a remainder is that a reversion is held by the grantor of the original conveyance, whereas "remainder" is used to refer to an interest that would be a reversion, but is instead transferred to someone other than the grantor.

Interesting Questions

More info

Assignment. When a tenant transfers its entire interest in a leasehold estate, the transfer is an assignment.Leases are a form of real property and may in themselves have market value.

Reversionary Interest Lease Meaning Form

Description Reversionary Estate

Reversionary Interest Related forms

How to fill out Reversionary Interest Lease Meaning Form?

Show more info

What Is A Reversionary Interest Form Rating

Form popularity

FAQ

What does reversionary interest mean?

What is reversionary value in real estate?

What's the difference between reversionary interest and remainder interest in a property?

What is an example of reversionary interest?

What is the difference between a reversion and remainder interest?

Interesting Questions

What is a reversionary interest lease?

How does a reversionary interest lease work?

What are the advantages of a reversionary interest lease?

What are the potential risks for the lessee in a reversionary interest lease?

Can a reversionary interest lease be terminated before the end of the lease term?

Are reversionary interest leases common in all states?

Can a reversionary interest lease be converted to a different type of lease?

Are reversionary interest leases only used for commercial properties?

Are reversionary interest leases suitable for short-term rentals?

Is a reversionary interest lease common in real estate transactions?

More info

Trusted and secure by over 3 million people of the world’s leading companies