What is Legal Terms - Reversion?

Reversion information: This is a property or real estate law term. A reversion is a future interest in property that will come into effect, or vest, by operation of law, where the grantor does not deed away the entire interest in the property. For example, a grant of property to another for ten years creates (without further mention in the deed) a reversionary interest in the grantor that on the expiration of the ten years the property goes back to grantor.