Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

equitable reversion

Read a random definition: estrepe

A quick definition of equitable reversion:

Equitable reversion is a legal term that refers to the right of a property owner to regain ownership of their property after a certain event occurs, such as the end of a lease or the death of a tenant. This means that if someone else is currently using the property, the original owner has the right to take it back. It is important to note that this right is based on fairness and justice, and is not always automatic or guaranteed.

A more thorough explanation:

EQUITABLE REVERSION

Equitable reversion is a legal term that refers to the right of a property owner to regain ownership of their property after a certain event occurs. This event could be the expiration of a lease or the death of a life tenant. The owner's right to regain ownership is based on the principle of equity, which seeks to ensure fairness and justice in legal proceedings.

One example of equitable reversion is when a landlord leases a property to a tenant for a certain period of time. At the end of the lease, the property reverts back to the landlord. Another example is when a property owner grants a life estate to someone, allowing them to live on the property for the rest of their life. When the life tenant dies, the property reverts back to the original owner.

These examples illustrate how equitable reversion works in practice. In both cases, the property owner retains the right to regain ownership of their property after a certain event occurs. This ensures that the owner's interests are protected and that they are not permanently deprived of their property.

equitable-restraint doctrine | equitable right

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
LSD+ is ad-free, with DMs, discounts, case briefs & more.