Derivative acquisition
Term · Law · MLC-T-LAW-001584
A method of acquiring ownership of property where the new owner's title is derived from a previous owner. This form of acquisition involves a transfer of rights, such as through a sale, gift, inheritance, or exchange. It contrasts with original acquisition, where ownership is established for the first time.
| Identifier | MLC-T-LAW-001584 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-001584",
"term": "Derivative acquisition",
"field": "Law",
"definition": "A method of acquiring ownership of property where the new owner's title is derived from a previous owner. This form of acquisition involves a transfer of rights, such as through a sale, gift, inheritance, or exchange. It contrasts with original acquisition, where ownership is established for the first time.",
"url": "https://mlchart.com/terminology/law/derivative-acquisition/"
}
Record 1,452 of 5,441 in Law terminology (MLC-0107). Request the full dataset.