alienable

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Alienable

The character of property that makes it capable of sale or transfer.

Absent a restriction in the owner's right, interests in real property and tangible Personal Property are generally freely and fully alienable by their nature. Likewise, many types of intangible personal property, such as a patent or trade mark, are alienable forms of property. By comparison, constitutional rights of life, liberty, and property are not transferable and, thus, are termed inalienable. Similarly, certain forms of property, such as employee security benefits, are typically not subject to transfer on the part of the owner and are inalienable forms of property.

alienable

in the law of property, transferable to another owner.
References in periodicals archive ?
8) Communities' rate of development restrictions, imposed with the aim of protecting municipal character and resources, can nevertheless affect and limit the alienability of landowners' property, posing a constitutional dilemma.
This new condition of disembeddedness manifests itself in, among other things, the rise of the concept of alienability.
This requirement identifies who may receive the qualified real property interest and what restrictions on alienability must be imposed on the donee.
Alienability, the third feature, is a quality that allows individuals to transfer or "sell" to others rights to use any asset.
The modern rule of share transfer restrictions, in other words, "balances two conflicting corporate tenets: free alienability of corporate ownership interests and private corporate structuring to meet the participants' needs.
The nature of the right, its alienability, and the permanence of its assignment affect its value.
Their argument assumes the presence of strong alternative monitoring mechanisms--including an efficient market for corporate control and the unrestricted alienability of stockholdings (both relevant to the dependent variables in this study)--and also assumes that the board will protect officer directors from sanctions by the CEO.
Acknowledging an investment in maintaining the status quo, Davis's threat to make an "eggsample" of any white man who threatens the chattel system carries within it at least an implicit awareness of whiteness's alienability (rather than its immanence), and this awareness, I think, powers Davis's conservatism, his insurgency, and the struggle between the two impulses.
28, 1998) (on file with author) (assenting to include an express restrictive covenant in future sales contracts which permanently trammels the future alienability of LILCO's allowances).
After twenty-five years passed, the land would become free land, meaning individual Indians would have all rights of ownership and alienability, unlike trust land in which Indians have only a possessory interest in the land.
Alienability of deed rights allows secondary market exchange to repackage tract deed rights in response to changes in information and economic or social conditions.