Alienation


Definition of "Alienation"

Marty Chrisman
Marty Chrisman River Canyon Realty

Not to be confused with that 90’s movie/TV series “ Alien Nation”.

An alien is something foreign, that does not belong to that place or person. So, in the real estate world, alienation is the voluntary and purposeful act of transferring an asset to a different party, making it no longer a belonging to that person or place. Once an alienation is done, the titles of possession are transferred from one person to another.

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