A reversionary interest would be held by a:

A. state government under the right of eminent domain
B. mortgagee in the event of default by the borrower
C. lessor under the terms of a lease
D. person who gained title through adverse possession

Answer: C. lessor under the terms of a lease
Explanation: A lessor (landlord) has a reversionary interest in the leased property. When the lease expires and the tenant vacates, the property will revert to the lessor.

Business

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