Reversionary lease

A reversionary lease is a lease that does not commence until some future date.

In Australia and the United Kingdom, legislation restricts such leases. Such a lease would be void if the lease takes effect more than 21 years from the date that of the instrument.

单词	Reversionary lease
释义	Reversionary lease 英语百科 Reversionary lease A reversionary lease is a lease that does not commence until some future date. In Australia and the United Kingdom, legislation restricts such leases. Such a lease would be void if the lease takes effect more than 21 years from the date that of the instrument.
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