What is the term for the process by which property is transferred from the current owner to another party?

The correct term for the process by which property is transferred from the current owner to another party is voluntary alienation. This process typically involves the owner willingly transferring their rights to the property, often through various legal means such as a sale, gift, or lease, while ensuring that the transfer is in accordance with the law. The voluntary nature of this transfer signifies that the current owner has made a conscious decision to relinquish ownership and convey it to another party, typically documented through a deed.

In contrast, involuntary alienation occurs without the owner’s consent, often due to legal reasons such as foreclosure, escheat, or eminent domain. An easement agreement refers to a specific type of property right that allows one party to use a portion of another party's property for a specified purpose, rather than a complete transfer of ownership. Title transfer is a broader term that may encompass both voluntary and involuntary alienation but does not distinctly address the conscious decision of the owner involved in the transfer process. Thus, voluntary alienation accurately captures the essence of willingly transferring property from one party to another.