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Alienation Clause |
Also found in: Financial | 0.01 sec. |
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A provision in a document permitting or forbidding a person from transferring property that is the subject of the document. In a fire insurance policy, an alienation clause prohibits the alienation of the insured premises while the policy is in effect. If the insured violates this provision, the policy is void. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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