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Transfer of convenience refers to the practice of transferring an asset or property for the primary purpose of simplifying the management or ownership, rather than for reasons related to value or market transactions. It often occurs in situations where ownership is shifted to facilitate legal, tax, or operational efficiencies without a significant change in the actual use or value of the asset. This concept can be seen in various contexts, including real estate, corporate structures, and estate planning.

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3d ago

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