n. the potential that the title to a real property interest will return to the original grantor or giver or to his/her lineal descendants. Examples of events which could cause the title to revert: A gift of property to a hospital on condition that it be used forever for health care, but if the building is no longer used for that purpose the propert...
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The possibility of the ownership of the land or property being returned to the grantor/giver of the the same or to his/her heirs.For eg, a grantor of the land can have a condition in the deal that if his land is not used for a purpose of scientific research, in future, its ownership will be returned to him or his heirs. Here, there is a possibility...
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http://www.encyclo.co.uk/local/21213
The potential that the title to a real property interest will return to the original grantor. For example, a gift of a building to a hospital on condition that it be used forever for health care. If the building is no longer used for that purpose, the property will revert to the estate of the original grantor.
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http://www.nolo.com/dictionary/possibility-of-a-reverter-term.html
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