Outrageously Funny Word Dictionary :: Vacates

👉 The term "vacates" in the context of real estate refers to a change in ownership or use of an existing property. It typically involves the transfer of title from one owner to another, such as when someone buys a house from a previous owner or transfers ownership of a property to their children. This process can be formal (such as through a deed) or informal (for example, by exchanging letters or in person). The term is often used in legal documents and contracts to describe the transfer of

vacates