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Surrendering Property
The act of voluntarily giving up rights to property, often in a legal or financial context, such as in bankruptcy.
Writing
A type of documentation that shows contractual intent and satisfies the statute of frauds requirement.
Vacating
the act of leaving a place or position, or legally nullifying a legal judgment or contract.
Terminates
Brings to an end or concludes an agreement, contract, or employment relationship.
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