What is Alienable Property? This may seem like a simple question, but you must consider that the U.S. Supreme Court has held that although private property is not “Alienable,” it can be “holden by foreigners.” In other words, although your house or apartment may be owned by you, if you live in Mexico and are not a United States citizen, it will be considered “Aliensable” according to the Mexican law.
What is Alienable Property? When the United States declares war, the Houses of Congress decide that they have “sovereign interests” in properties within their territories. The U.S. military will use these properties as a temporary location for military maneuvers. This means that the property becomes “alienable,” just as if it were owned directly by the United States. So basically, just like your house or apartment can be “owned” by someone else, so can your “alienable” property.
What is Alienable Property in a Civil Law context? In a civil law context, what is alienable is something that a person may hold, but that no one can make an involuntary transfer of the property to someone else, except through a valid legal process. Therefore, just like your house can be “owned” by someone else, so can your money (through a bank account) be “held” by someone else, and no one can make an involuntary transfer of it.
What is Alienable Property in a Real Estate Law Context? It depends on the state where you live. For example, in most states, it is illegal for a seller to allow a tenant to live in the property for a month after the tenant is kicked out. This is called a “short sale,” and sellers are required to follow this requirement under the law.
But what about real estate in other states? In California, for example, it is very common for people to own properties that are not “state-alienable,” and California law specifically authorizes this. (This is not to say that there aren’t exceptions; California has very specific rules about who can use the property and what they can do with it after the owner is gone.) However, if a property is “state-alienable,” it can be transferred to someone without making a formal transaction: simply by executing a power of sale or a written contract with the new owner.
What is Alienable Property in a Tax Law Context? Again, depending on the state where you live, the laws on this vary. But in general, the IRS considers any property that is “estimated taxable,” as being “asset-like” property. So anything with a high monetary value, or that is closely related to some form of tangible “asset,” is considered to be “alienable.”
What is Alienable Property in a Trust Law Context? Trusts are a type of investment vehicle that permit you to transfer property into an irrevocable trust. Once the property has been transferred into the trust, you generally cannot access it. But if you do access it, then it is considered “public domain.” Any share of capital stock issued on a partnership that has become “public domain” can be passed on to any beneficiary of the trust.
What is Alienable Property in a Real Estate Law Context? In the same way that state property is considered to be “alienable,” real estate can be considered “alienable.” But unlike state property, there are few limits on how much of an asset can be transferred out of a will. If you want to give your home to your daughter rather than giving her a loan for buying a home, that’s perfectly fine. But if you want to leave your house to your son rather than giving him a loan for buying a home, that’s perfectly acceptable as well.