Business Terms and Jargon Explained
What is Abandon
In property this is to permanently give up, surrender,
leave, desert or relinquish all interest or ownership. The landlord now has a
un-let property and is deemed not to be coming back. The landlord must store
anything left by the tenant and has to give them notice before they can sell
A spouse, family or children are abandon if they have had
no contact or support for a year or more.
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Term created / updated 2006-05-23 18:05:52
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