/rɪˈvɜːrʒəˌnɛri raɪt/ – Phrase
Definition: quyền thu hồi tài sản, quyền đòi lại.
A more thorough explanation: A reversionary right refers to a legal interest or entitlement that arises when a property or asset reverts back to the original owner or their heirs after a specific event or condition occurs, such as the expiration of a lease or the end of a life estate. This right allows the original owner or their heirs to regain possession or control of the property or asset once the specified event or condition has been fulfilled.
Example: Upon the death of the current tenant, the property will pass to the landlord as per the reversionary right outlined in the lease agreement.