Lead-based perovskite materials currently form the basis of an approximately $5 billion/year market because of their outstanding ferroelectric and electromechanical properties. The volatility of the Pb cation at the elevated temperatures required for material fabrication and phase development has always created difficulties, because even slight deviations from the proper stoichiometry lead to the formation of a non-ferroelectric (and property-destroying) fluorite phase. As researchers strive to integrate these materials into nanometer-scale devices, they are finding that the traditional methods of Pb stoichiometry control are no longer effective owing to increased surface/volume ratio and enhanced interactions with commonly used Pt electrodes.[1] We demonstrate a novel approach for the fabrication of lead zirconate titanate (PZT)-based thin and ultrathin films that exploits the previously unreported reversibility of a phase transformation between the stoichiometric ferroelectric perovskite and the Pb-deficient non-ferroelectric fluorite to produce single-phase materials with excellent electrical properties while minimizing chemical heterogeneities within the film and interactions with the electrode. Recent work has demonstrated that ferroelectric behavior may persist at length scales below 10 nm, [2][3][4][5] and under certain conditions, perhaps all the way to the unit cell level. [6,7] While these studies suggest the possibility of integrated ferroelectricbased nanodevices, they have so far dealt with model systems using lattice-matched substrates and electrodes onto which epitaxial films were deposited. Because of their high remanent polarization and outstanding electromechanical properties, complex Pb-based materials such as PZT are well-suited for applications including ferroelectric non-volatile memory (FERAM), actuators for micro-/nanoelectromechanical systems (MEMS/NEMS), and piezoelectric energy harvesting.