👉 Unconsigned is a term used in the context of property law, specifically in the realm of real estate. It refers to an agreement between two parties in which one party has the right to acquire land for a specified period or for no consideration at any time, but not until another party agrees to pay the price for the land and receive all necessary rights and obligations. Unconsigned properties are typically acquired through the sale of land that has been held by one party for a significant amount of time.
