If the grantor of land orders that the land will go to a third party (i.e., not the grantor or grantee/life tenant) after the life estate is over then this is known as reversion.

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If the grantor of land orders that the land will go to a third party (i.e., not the grantor or grantee/life tenant) after the life estate is over then it is known as remainder interest. If, rather that have the interest after the life estate go to a third party, the grantor dictates that the interest is to return to the grantor, this is a reversion.

If the Grantor of Land Orders That the Land Will