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Abeyance

Definition - What does Abeyance mean?

Abeyance is a term which refers to a situation when the real ownership of the property remains undecided. This particularly happens after the death of a person who owned property and who didn't have an obvious heir.

Justipedia explains Abeyance

The term abeyance can also refer to the property of a bankrupt person before the court decides which property should be given to which party, like creditors or alleged heirs. It can be used as a legal jargon to represent anything “undetermined.”

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