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The TR Company

ABEYANCE

12/7/19 ABEYANCE
  • The suspension of a title to real estate while lawful ownership is being determined.
  • The status of real property or of a position or title when its ownership or occupancy is not vested in any existing person or party.
  • A condition in which there is no clear legal owner to real estate. For example, after a property owner dies, it may take a while to determine who the new legal owner of the real estate is.
 
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