| abandonment |
Refers to road or street abandonment, an action taken by the Board of Supervisors, usually through the public hearing process, to abolish the public's right-of-passage over a road or road right-of way. Upon abandonment, the right-of-way automatically reverts to the underlying fee owners. If the fee to the owner is unknown, Virginia law presumes that fee to the roadbed rests with the adjacent property owners if there is no evidence to the contrary.
Ãâó: www.co.fairfax.va.us/dpz/zoning/glossary/
|
|---|---|
| abandonment |
The voluntary relinquishment of rights of ownership or another form of interest (an easement) by failure to use the property over an extended period of time. abstract of title A summary of the public records relating to the title to a particular piece of land. An attorney or title insurance company reviews an abstract of title to determine whether there are any title defects which must be cleared before a buyer can purchase clear, marketable, and insurable title.
Ãâó: www.callbrani.com/glossary.htm
|
| abandonment |
A relinquishing of ownership of lost or damaged property by the insured to the insurer so that a total loss may be claimed. Abandonment is prohibited in most other types of property insurance.
Ãâó: www.aigsmallbusiness.com/smallbusiness/public/asbp...
|
| abandonment |
The intentional relinquishment of claim or title to personal or real property.
Ãâó: www.aamortg.com/dictionary.asp
|
| abandonment |
Abandonment occurs when a person with a right or interest in a property voluntarily gives up that right or interest, either by physically "abandoning" the property or by showing the intention to give up the right or interest.
Ãâó: www.ulstercountyrealtor.com/Real_Estate_Terms_a.ht...
|