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abandonment
(redirected from Abandonment of railways)

    Also found in: Medical, Legal, Encyclopedia, Wikipedia 0.02 sec.
Abandonment
Controlling party giving up rights to property voluntarily.
abandonment
See expiration.
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.


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