Definitions
from The Century Dictionary.
- noun One who or that which reverts.
- noun In law, reversion.
- noun An automatic by-pass, used in a self-intensifying burner, which has heavy valves. It permits gas from the mains to flow to the Bunsen burner until the heat generated operates the intensifying contrivance.
from the GNU version of the Collaborative International Dictionary of English.
- noun One who, or that which, reverts.
- noun (Law) Reversion.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun One who, or that which,
reverts . - noun law The
reversion ofownership of anestate in land to the originalgrantor pursuant to the occurrence of acondition set forth in the originalgrant .
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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First, under the “bundle of sticks” theory of property rights, the government has retained a huge stick here in the form of a possibility of reverter.
The Volokh Conspiracy » Mojave Cross Decision (Salazar v. Buono) Handed Down 2010
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Or, what if the time spent between removing the cross and erecting a secular replacement memorial was seen as sufficient to trigger the reverter?
The Volokh Conspiracy » Mojave Cross Decision (Salazar v. Buono) Handed Down 2010
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This case illustrates the significance of the reverter clause today, particularly in light of spending cuts.
Libraries, schools and museums may not prove a quick sell off 2011
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First, under the “bundle of sticks” theory of property rights, the government has retained a huge stick here in the form of a possibility of reverter.
The Volokh Conspiracy » Mojave Cross Decision (Salazar v. Buono) Handed Down 2010
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Upon investigating the deeds of the property, it was discovered they contained the reverter clause in accordance with the School Sites Act of 1841, which stated that the land be returned to the original donors if the school closed.
Libraries, schools and museums may not prove a quick sell off 2011
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However, there was one specific stipulation set by the benefactors: should the land cease to be used for the purposes specified at the time of granting it, a reverter clause would kick in, meaning the land must be transferred back to its original owner.
Libraries, schools and museums may not prove a quick sell off 2011
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When the reverter guarantees a public access/public use, there is a constructive charitable trust.
Saltzman looking for easy way out on Paulson stadiums? (Jack Bog's Blog) 2009
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I suspect that any member of the benefited public has the standing to sue to enforce the reverter, though the AG may have the strongest.
Saltzman looking for easy way out on Paulson stadiums? (Jack Bog's Blog) 2009
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If the land is subject to the reverter clause and ceases to be used for its original purpose, and it is either sold or leased to a third party for another use, the net proceeds of the sale or rent have to be returned to the original owner or the living descendants.
Libraries, schools and museums may not prove a quick sell off 2011
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: Retaining the reverter seems to show that the cross, and not the Constitution, is the main objective here.
The Volokh Conspiracy » Mojave Cross Decision (Salazar v. Buono) Handed Down 2010
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