reversionary


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  • adj

Words related to reversionary

of or relating to or involving a reversion (especially a legal reversion)

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References in periodicals archive ?
conveys public land under the R&PP Act authority, it retains a reversionary interest in the land which allows the U.
Sum Assured on Maturity" equal to Basic Sum Assured, along with vested Simple Reversionary bonuses and Final Additional bonus, if any, shall be payable in lump sum on survival to the end of the policy term provided all due premiums have been paid.
The sales pipeline of vacant reversionary assets showed PS213.
Jamie Olley, head of City Investment at Deloitte Real Estate, said: "For investors, this prime office property provides an attractive combination of stable and reversionary income with opportunities to add value via asset management.
Can an insured remove existing life insurance from his or her gross estate by an absolute assignment of the policy but retaining a reversionary interest?
The Tax Court in McCord found that, like the contingent reversionary interest in Robinette, the value of the assumption of a Sec.
I therefore am claiming my reversionary interest in the property.
In order to convert the $120,000 land value into a reversionary cash flow, a 3% annual growth rate was applied resulting in an estimated remainder value of $291,272 at the end of year 30.
In the current economic environment, there is little incentive for landlords to re-mortgage as the low Bank of England base rate means it is normally financially beneficial for landlords to remain on their mortgage reversionary rates.
These categories are: reversionary interests, power to control beneficial enjoyment, administrative powers, power to revoke, and income for benefit of grantor.
The trust can also give the grantor a contingent reversionary interest, which will cause the residence to revert back into his estate in case of death before the end of the term.
First, there is a product that is sometimes called a reversionary annuity.
4% overriding royalty and mineral interests during fiscal 2010, while also beginning the process of earning our additional 25% reversionary working interest (20% revenue interest), for a total revenue interest of 27.