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Ownership exchange method

Definition

The means by which title to an object is transferred between two Owners, before title was transferred to the organisation.

How to record

Use a single term, without punctuation or capitalisation. Maintain a list of standard terms.

Examples

gift; purchase; sale at auction

Use

Record once for each ownership exchange. Use Acquisition method for the transfer of title which occurs when an object enters the organisation’s ownership. Use Object history note to describe the full circumstances of the change in ownership.

Date created: 2017

Author: Collections Trust

Publisher: Collections Trust