Outrageously Funny Word Dictionary :: Diremption

👉 A diremption is a legal doctrine that allows a person to sell their property without having to pay the original purchase price, or a minimum amount of money, for the right to do so. This can be used in situations where there are long-term debts, such as mortgages, and it's difficult or impossible to pay off the debt. The term "diremption" comes from the Latin word "dirementis," which means "to take possession."

diremption