Loovutamine

Loovutamine, also known as transfer or exchange, is a process by which one party surrenders possession or control of an asset, item, or responsibility to another party. This can occur in various contexts, including business, personal, and legal transactions. In business, loovutamine might involve the transfer of ownership of a company or assets from one entity to another. In personal contexts, it could refer to the transfer of property, such as a house or car, from one individual to another. Legally, loovutamine can involve the transfer of rights, obligations, or assets as part of a contract or agreement. The process typically requires clear documentation and may involve legal or financial considerations to ensure the transaction is valid and beneficial for all parties involved.