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Abeyance Law & Legal Definition

Related to Abeyance

Abeyance is a condition of undetermined ownership, as of an estate that has not yet been assigned. Property is in abeyance when the ownership has yet to be determined. 

Examples of abeyance may include title to real property in the estate of a person who has died and there is no obvious party to receive title or there appears to be no legal owner of the property, a corporation which is to be brought into existence by some future acts of the corporators, or a bankrupt person's property before the bankruptcy court has decided what property is available to creditors or alleged heirs. In these cases, the property or establishment of the matter is in abeyance.

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