15:53
@JumpySubsequentDolphin: I can respect the hustle.
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LSDefine
Simple English definitions for legal terms
power of alienation
Read a random definition: name-and-arms clause
A quick definition of power of alienation:
Power of Alienation: The ability to sell, give away, or transfer ownership of something that you own, like a house or a car.
A more thorough explanation:
Definition: The power of alienation refers to the ability to sell, transfer, assign, or otherwise dispose of property.
Example: If you own a house, you have the power of alienation to sell it to someone else. You can also transfer ownership to another person, assign it to a trust, or dispose of it in any other legal way.
Explanation: The power of alienation is an important aspect of property ownership. It allows individuals to freely transfer ownership of their property to others, which is essential for a functioning real estate market. Without the power of alienation, property would be difficult to buy and sell, and the value of real estate would be severely limited.