Residential Real Estate Legal Terms and Legal Words. Real Estate Law Terminology
- abandonment
- (a) After notice and a hearing, the trustee may abandon any property of the estate that is burdensome to the estate or that is of inconsequential value and benefit to the estate.
(b) On request of a party in interest and after notice and a hearing, the court may order the trustee to abandon any property of the estate that is burdensome to the estate or … Full Definition »
Law topic: Residential Real Estate << Legal issue: Real Estate Law
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- abandonment
- (a) After notice and a hearing, the trustee may abandon any property of the estate that is burdensome to the estate or that is of inconsequential value and benefit to the estate.
(b) On request of a party in interest and after notice and a hearing, the court may order the trustee to abandon any property of the estate that is burdensome to the estate or … Full Definition »
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