Question

Deserting property with the intent not to occupy the property as ones residence is known as:

Answer 1

Deserting property with the intent not to occupy the property as one's residence is known as capital flight. It occurs when individuals or groups abandon or leave their properties behind, often due to factors such as decay, disinvestment, or government actions.

Step-by-step explanation:

Deserting property with the intent not to occupy the property as one's residence is known as capital flight. It occurs when individuals or groups abandon or leave their properties behind, often due to factors such as decay, disinvestment, or government actions. This can lead to a decline in property values and negative impacts on surrounding areas.