Reversionary interest (future interest) – Property in Singapore for rent
Reversionary interest refers to the right to occupy and use the land sometime in the future (future interest) e.g. upon the expiry of the lease period. In the case of the State land, after 99 years, the land returns to the state. The State is said to have a reversionary interest in the land. Property in Singapore for rent.
For rental tenancy, upon expiry of the tenancy period, the tenant returns the property back to the landlord.
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