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A novation requires the existence of a previous, valid obligation.
Tax Sale
A public sale of property conducted by a government authority to recover unpaid taxes owed by the property's owner.
Purchase
The act of buying goods or services, typically involving a monetary transaction.
Inheritance
Assets or rights received from a deceased person's estate by their heirs or designated beneficiaries.
License
A legal permission allowing the licensee to do something that would otherwise be prohibited, often concerning intellectual property or specific activities.
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