👉 Devolatilizing is a legal term in the field of finance that refers to the process by which an individual or entity transfers property ownership from one person to another without transferring the underlying asset. This can be achieved through various methods, such as gift, inheritance, or outright sale. In most jurisdictions, devolatilizing typically involves the transfer of a piece of real estate such as a house, land, or other assets that are not directly related to the ownership of an existing property.