The main method was by wadset (ME "wedset") whereby a borrower (reverser) conveyed by charter a fee simple estate to a lender (wadsetter) who, on redemption, would reconvey the estate to the borrower by a second charter.
The main method was by wadset (ME "wedset") whereby a borrower (reverser) conveyed by charter a fee simple estate to a lender (wadsetter). This lender (wadsetter) would reconvey the estate to the borrower by a second charter. This is on redemption.