Voluntary conveyance

Also found in: Legal, Financial.
(Law) a conveyance without valuable consideration.

See also: Voluntary

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
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References in periodicals archive
A popular real estate strategy in the current economic environment is to "buy paper" with the hope of obtaining the property through the voluntary conveyance of the borrower in satisfaction of the debt or by foreclosure.
Buying paper: tax implications for purchasing loans at a discount
A trustee in bankruptcy has specific power to abandon negative assets under federal law, (155) and the analogy is not completely applicable to a voluntary conveyance. It is noteworthy though that in Midlantic, which was a CERCLA case, the Court limited its non-abandonment rule to cases of imminent and identifiable harm to public health or safety.
CERCLA: convey to a pauper and avoid cost recovery under section 107(a)(1)?
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