What is the primary method of property transfer known as voluntary alienation?

Voluntary alienation refers to the voluntary transfer of property ownership from one party to another, typically through sale or gift. This process is intentional and involves the agreement of both parties. When a property owner decides to sell their property or to give it as a gift, they are actively engaging in voluntary alienation. This differs significantly from involuntary forms of alienation, such as foreclosure, where ownership is transferred through legal action or necessity rather than by mutual consent.

In the context of property transactions, sale involves a transaction where the seller receives compensation, while a gift involves the transfer of property without any exchange of value. Both methods highlight the voluntary nature of this transfer, as they are initiated and agreed upon by the owner of the property.

The other options describe methods of property transfer that do not involve the voluntary action of the current owner. Leasing is a temporary arrangement and does not transfer ownership, while inheritance refers to the transfer of property due to the death of the owner, typically without the owner's express intent for such a transfer to occur. Foreclosure, meanwhile, is a legal process initiated by lenders when borrowers fail to make mortgage payments and does not reflect the owner's voluntary decision to transfer their property.