IPA: /rɪˈvɜːrʒənə/
KK: /rɪˈvɜrʒənər/
A person or party who has the right to receive property or an estate after a certain condition is met or after a specified period.
The reversioner will take ownership of the property once the lease expires.
Reversioner → It is formed from "re-" (meaning again) and "versio" (from Latin, meaning turning). The suffix "-er" indicates a person who performs an action. Thus, a reversioner is someone who turns back or returns to a previous state or condition.
Think of someone who 'turns back' ('versio') to a previous state 'again' ('re-') — that's what a reversioner does.