An owner transfers title to a property to a buyer in exchange for a consideration. This is an example of

An owner transfers title to a property to a buyer in exchange for a consideration. This is an example of

• A. Voluntary alienation
• B. Escheat
• C. Hypothecation
• D. Estoppel

Answer: (A)

Voluntary alienation is the transfer of title by the owner to another person with the owner’s consent and in exchange for value. In a sale, the owner willingly conveys ownership to the buyer and receives payment (consideration) in return, which makes this a voluntary transfer of title. Escheat would occur if someone dies without heirs and the property reverts to the state, not a sale. Hypothecation means pledging property as collateral for a loan while keeping possession. Estoppel involves preventing someone from taking a different position because of prior actions or statements.

Voluntary alienation is the transfer of title by the owner to another person with the owner’s consent and in exchange for value. In a sale, the owner willingly conveys ownership to the buyer and receives payment (consideration) in return, which makes this a voluntary transfer of title.

Escheat would occur if someone dies without heirs and the property reverts to the state, not a sale. Hypothecation means pledging property as collateral for a loan while keeping possession. Estoppel involves preventing someone from taking a different position because of prior actions or statements.