Voluntary conveyance

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

See also: Voluntary

References in periodicals archive ?
Title transfer is a voluntary conveyance of ownership for water projects including dams, canals, laterals and other water-related infrastructure to the beneficiaries of those facilities.
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.
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.

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