Legal Definitions - ablocation

ABLOCATION

Ablocation is an old-fashioned term that means leasing property in exchange for money. It is similar to the modern term "renting."

Example: In the 1800s, farmers would engage in ablocation to rent land for their crops.

Example: Today, people still engage in ablocation when they rent apartments or houses.

These examples illustrate how ablocation is the act of leasing property for a fee. It is a way for people to use land or buildings without having to buy them outright. Instead, they pay a fee to the owner in exchange for the right to use the property for a certain period of time.