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alienation |
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Alienation In law, the ability to transfer a property to another party, either by sale or gift. Most property is alienable, but subject to certain restrictions. For example, a property may be temporarily inalienable because a third party has right of first refusal on it. alienation The act of transferring ownership or some partial interest in real property from one person to another. Voluntary alienation occurs when one executes a deed or a lease. Involuntary alienation occurs when there is a foreclosure,tax sale,or condemnation. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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