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Thing.

Last updated 08-20-2026

California Department of Real Estate

Updated 08-20-2026

Thing.

RETROSPECTIVE VALUE — The value of the property as of a previous date. RETURN — Profit from an investment; the yield. REVERSION — The right to future possession or enjoyment by a person, or the person’s heirs, creating the preceding estate. (For example, at the end of a lease.) REVERSIONARY INTEREST — The interest which a person has in lands or other property, upon the termination of the preceding estate. A future interest. withdraws the authority granted to the agent, an offeror withdraws the offer or the DRE cancels a salesperson or broker license. RIGHT OF SURVIVORSHIP — The right of a surviving tenant or tenants to succeed to the entire interest of the deceased tenant;

California Department of Real Estate Glossary

California Department of Real Estate · p. 29

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