What word describes the property owner's right to sell or transfer their property to someone else?

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18-08-2022
Social Studies

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What word describes the property owner's right to sell or transfer their property to someone else?

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vtamit3 vtamit3 · Answer 1 · 2022-08-25T08:10:39-04:00

The right to sell or transfer the property to anyone is done only by legal terms, and for this, the term that is used is "conveyance."

What is a transfer of property?

When the exchange of items is done in form of a gift, sale, or lease. This is done of such things that are immovable or it can be movable also. In such a case the ownership is transferred.

This exchange is done between living beings only and is done with the aim of making use or it can be done for enjoying the possession also. This can be done for a particular period of time or it can be done permanently.

Therefore, such an activity is called a conveyance.

Learn more about property transfer from here:

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