Reversionary interest is the interest that a person has in a property when a preceding estate ceases to exist. It means any interest the enjoyment of which is postponed. A reversionary interest can be either a vested interest or contingent interest..
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Glossary A glossary to define and help understand the different terms used in the industry. Initial YieldInitial Yield is the annualised rents of a property expressed .
Revert definition, to return to a former habit, practice, belief, condition, etc.: They reverted to the ways of their forefathers. See more..
Define interest: right, title, or legal share in something; participation in advantage and responsibility; business, company interest in a sentence.
state of california state board of equalization 450 n street, sacramento, california po box 942879, sacramento, california 94279-0082 916-324-2623 fax .