waiver of exemption

waiver of exemption.

1. A debtor’s voluntary relinquishment of the right to an exemption from a creditor’s levy or sale of any part of the debtor’s personal property by judicial process. [Cases: Exemptions 89–99; Homestead 169–176.]

2. The contractual clause expressly providing for such a waiver. [Cases: Exemptions 92; Homestead 170.]


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资深译员Daniel,国际知名法学院法律英语专业,擅长翻译涉及工程与建设领域的法律文件。
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