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Abby is gifting her property to her family at the end of the year. Abby will be performing what type of transfer?

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  1. 27 June, 15:43
    0
    Answer:Voluntary alienation

    Explanation:

    Voluntary alienation refers to the process whereby the owner of a property voluntarily grant or transfer their property so someone else.

    This owner does this without being forcefully threatened or legally forced to do so.

    A person can pass the title of their property to someone else by a deed or a will

    Transfer by deed - An owner sell or gift the property to another party, it comes a a written agreement to transfer the title to someone else.

    Transfer by will - this occurs when someone dies that in their will they had transferred their property to another person
  2. 27 June, 16:08
    0
    Answer: Voluntary Alienation

    Explanation: The transfer performed by Abby is called Voluntary Alienation which is the deliberate or voluntary transfer of title or one's property (grantor) to another person (grantee). The transfer is carried out by executing a deed which is a written document stating the transfer of title where the original owner states its desire to convey title to the grantee (recipient).
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