abandonment

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Abandonment

Controlling party giving up rights to property voluntarily.

Abandonment

1. The act of fully and completely relinquishing ownership of some property or asset. One may abandon both tangible assets, such as tools or real estate, or intangible assets, such as patents or leases. For example, abandonment occurs when someone leaves his/her house empty, never intending to return or otherwise use the property. Legal abandonment sometimes requires filing declaration of intent to do so with the appropriate authorities. Sometimes, a person may obtain abandoned property for free, though this does not apply to real estate. See also: Adverse possession.

2. See: Expiration.

abandonment

abandonment

An intentional surrender, disclaimer, or termination of ownership with no stated intention regarding who the next owner should be. Legally requires some external evidence of an intention to abandon; simply neglecting property will not suffice. Differs from surrender, which requires that someone accept the property,and from forfeiture,which is unintentional loss of property.Abandoned property will generally revert to someone with a prior claim,such as an abandoned leasehold reverting to the landlord or an abandoned easement reverting to the landowner. Sometimes abandoned property will escheat to the state.
References in periodicals archive ?
The party in an abandoned house in the 13100 block of Avenue Q was put on by a crew that charged admission and served alcohol to minors, Wegener said.
LYING INSIDE A SLEEPING BAG ON THE FLOOR OF AN abandoned house, Matthew took another puff on his cigarette and stared out at a single star in the night sky.
She'd been beaten, shot in the head, and left in an abandoned house.
The male victim, who also had a rope around his neck, was found in an abandoned house in Philadelphia, USA.
They said the alleged scheme came to light after Hanabusa was arrested April 15 on suspicion of housebreaking after trying to enter what he thought was an abandoned house in Niigata Prefecture.
Rather, small victories, such as escaping punishment after accidentally setting an abandoned house on fire, and intensely personal defeats, such as coming to terms with the death of his grandmother, influenced young Watkins's emotional life.
I am an abandoned house, a dream that is void, My bosom is full of lies .
I ended up in an abandoned house, alone, prostituting to get high.
CLINTON -- A group of youths have apparently been using an abandoned house on Marshall Street as a hangout.
They put the safe on a trolley they found inside the office and transported it to an abandoned house in Hor Al Anz.
He was found dead at 2pm in an abandoned house in Latsia.
Ryan told investigators at the hospital that she was held for nine or 10 hours in an abandoned house, (http://www.