What does alienation refer to in real estate?

Alienation in real estate specifically refers to the act of transferring property from one party to another. This can encompass a variety of transactions, such as selling, gifting, or otherwise disposing of property rights. The fundamental aspect of alienation is the change of ownership and the relinquishment of the seller's or current owner's interest in the property.

Understanding alienation is critical for those involved in real estate transactions, as it encompasses both voluntary transfers, like sales or donations, and involuntary transfers, such as foreclosures or eminent domain actions. This concept is paramount to real estate law and property rights, illustrating the dynamics of ownership and the legal framework surrounding property transfers.