property relinquished

USAGE SUMMARY

The phrase "property relinquished" is correct and usable in written English.
It can be used in legal or formal contexts to indicate that ownership or rights to a property have been given up or surrendered. Example: "The contract clearly states that all rights to the property relinquished will be transferred to the new owner upon signing."

✓ Grammatically correct

Formal & Business

News & Media

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

5. Cost basis calculation and taxable "boot". As a result of the 1031 exchange, the cost basis in your replacement property will be the same as the property relinquished, less any money you received (i.e., "boot"), which may increase your recognized gain or decrease your recognized loss.

HuffPost

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

In September 1978 the owner, John Clunies-Ross, sold most of his property and relinquished his authority over the islands to Australia, which introduced Australian currency and took steps toward establishing Cocos Malay self-government.

Encyclopedia Britannica

You must consider mortgage loans or other debt on the property you relinquish, and any debt on the replacement property.

Forbes

The IRS has also authorized taxpayers to engage in "reverse Starkers," where you buy the replacement property first and then exchange (sell) the relinquished property.

The Washington Post

Likewise, the seller/commercial investor must acquire the replacement property within 180 days of the sale of the relinquished property.

HuffPost

Defer all capital gain on your transaction by purchasing property that is equal to or greater in value than your relinquished property; reinvest all of the net equity from your relinquished property in the replacement property; and acquire debt on the replacement property that is equal to or greater than the debt on your relinquished property.

WikiHow

Or 200%-Property 200%-Property Identification identify moRulehan 3 potential replacement properties as long as the total fair market value of Your identified properties does not exceed 200% of the fair mayket value of your relidentifyd property.

WikiHow

Identifying Potential Replacement Property Mail, fax or hand deliver a signed description of your identified properties to the QI within 45 calendar days after the transfer of the title of your relinquished property.

WikiHow

Acquiring Your Replacement Property: Select and close on one or more of your identified replacement properties on or before the earlier of the following dates: a) 180 calendar days after the transfer of the title of your first relinquished property; or b) the due date of the tax return (including filing extensions) for the year in which your relinquished property closes.

WikiHow

Paine was left destitute, having received no alimony and having relinquished property that she previously owned to her husband.

Wikipedia

The exchange administrator will disburse the net equity from your relinquished property to the escrow or closing agent's account.

WikiHow

Expert writing Tips

Best practice

When using "property relinquished" in legal contexts, ensure that the specific rights and responsibilities being transferred are clearly defined to avoid ambiguity.

Common error

Avoid assuming that "property relinquished" automatically includes all associated rights and responsibilities. Explicitly state what aspects of the property are being relinquished to prevent future disputes.

Linguistic Context

The phrase "property relinquished" functions as a noun phrase followed by a past participle, describing a state where ownership or control of property has been given up. Ludwig AI confirms its usability. It's often used in legal or formal contexts.

Expression frequency: Rare

Frequent in

News & Media

30%

Encyclopedias

25%

Formal & Business

20%

Less common in

Wiki

10%

Academia

10%

Science

5%

Ludwig's WRAP-UP

The phrase "property relinquished" is a grammatically sound expression used to describe the act of giving up rights or ownership of a property. As Ludwig AI confirms, it's most commonly found in formal contexts such as legal documents, business agreements, and news reports. While the frequency is relatively rare, the phrase is clear and effective in conveying the intended meaning. Related phrases include "transferred ownership" and control ceded, offering alternative ways to express similar concepts with nuanced differences in emphasis.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Relinquished control over the property

Focuses on giving up the power to manage or direct the property.

Relinquished claim to the property

Focuses on giving up any legal or equitable claim to the property.

Transferred ownership of the property

Focuses on the action of transferring ownership, highlighting the legal aspect.

Divested of the property

Emphasizes a formal or legal process of relinquishing ownership.

Surrendered the property rights

Emphasizes the relinquishment of rights associated with the property.

Handed over the property

Suggests a direct and possibly informal transfer of property.

Ceded possession of the property

Highlights the act of giving up physical control or possession.

Yielded the property

Suggests giving way or surrendering the property under pressure or duress.

Abandoned the property

Implies a complete and often unintentional relinquishment, with possible negative connotations.

Forfeited the property

Implies a loss of property due to a breach of contract or legal obligation.

FAQs

How can I use "property relinquished" in a sentence?

You can use "property relinquished" to describe a situation where someone has given up ownership or control of a property. For example: "The contract specified that all rights to the "property relinquished" would transfer to the buyer."

What is an alternative to saying "property relinquished"?

Alternatives include phrases like "ownership transferred", "rights surrendered", or "control ceded", depending on the specific aspect of relinquishment you want to emphasize.

Is it correct to say "property was relinquished"?

Yes, "property was relinquished" is grammatically correct. It indicates that the action of relinquishing the property has already occurred.

What does it mean when someone has "relinquished property"?

It means they have voluntarily given up their claim, control, or ownership of the property. The specific context will determine the exact implications of this relinquishment.