[ tɹansfˈɜːd pəzˈɛʃən], [ tɹansfˈɜːd pəzˈɛʃən], [ t_ɹ_a_n_s_f_ˈɜː_d p_ə_z_ˈɛ_ʃ_ə_n]
Related words: franchise, franchise opportunities, franchise business, franchising, franchise possibilities
How to use "Transferred possession" in context?
Transferred possession is a legal process in the United States by which the legal right to possess property is transferred from one person to another. The process is used to end a relationship where one person is unable to care for the property or where the property is no longer owned by the original owner. The property must have been owned for at least six months before the transfer can be finalized.
The property must be appraised and the new owner must have funds available to cover the costs of the property. The new owner must also have the intention to keep the property. The process can be difficult to complete and is not always successful.
Word of the Day
- dumpy, retrousse, blocky, chubby, podgy, pudgy, pug, retrousse, snub-nosed, squatty.