Property Ownership
Which of the following is an example of a voluntary alienation of real property in Delaware?
ATransfer of title through foreclosure
BGovernment condemnation of property
CA property owner selling their home✓ Correct
DTransfer by intestate succession
Explanation
Voluntary alienation occurs when the owner voluntarily transfers ownership, such as through a sale or gift. Involuntary alienation includes foreclosure, condemnation, adverse possession, and intestate succession.
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Key Terms to Know
Lien
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
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