Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Abandonment Abandonment November 9, 2021 The voluntary surrender of property, owned or leased, without naming a successor as owner or tenant.You Might Also Like: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas