Glossary entry (derived from question below)
Danish term or phrase:
hjemfald
English translation:
reversion exercise fee
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Danish term
United Kingdom
Experienced, fast service in 7 languages
Native in: English 
Works in: German to English, Dutch to English, Swedish to English
hjemfald
| 3 | reversion exercise fee |
Adrian MM.
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Proposed translations
Austria
Retd.T&I, Barrister & Austro-Advokat
Native in: English (Variants: Scottish, British)
Works in: Spanish to English, English to Spanish, French to English, and 5 more.
reversion exercise fee
Anyhow, US Am. fed. law uses (contigent) remainder-man /-woman - extrapolated from Wills & succession in England & Wales - in the sense of a freehold 'reversioner' and in a way I've never fully understood..
When a leasehold expires, legal title to the property reverts back to the freeholder. However, the leaseholder (often the occupier) may be able to *purchase the freeholder's reversionary interest* giving them an absolute freehold title.
What is a contingent remainder? This video discusses one type of future interest in land, the content remainder.
http://www.lawinsider.com/dictionary/reversion-exercise-fee
http://www.designingbuildings.co.uk/wiki/Reversionary_interest
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