Right of reentry (Right of re-entry)
The reversionary right and future interest retained by the grantor of an estate in qualified fee subject to condition subsequent. The right of re-entry allows the grantor to recover fee simple ownership of real property if a condition stipulated in the deed is violated. Action in a court with jurisdiction over real estate matters is required to recover ownership of property under the right of reentry.
Contrast with Possibility of reverter.
Terms, Definitions, and Concepts: Real Estate, Title and Title Insurance, Legal (Law), Management
Added: Thu May 29 2008
Last Modified: Wed Jul 09 2008