Involuntary Alienation


Definition of "Involuntary alienation"

Loss of property through attachment, condemnation, foreclosure, sale for taxes or other involuntary transfer of title. For example, as a result of losing his job, John's home was foreclosed by the bank and he has involuntarily alienated.


Property seized by a bank is often sold at lower than it would otherwise sell for as the bank is simply interested in covering the money owed. When looking to buy a house ask the realtor about foreclosures.


Related Real Estate Glossary terms

 

Related Real Estate FAQ

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
read Reviews

Agents join here