Terms with Tag Contract

  • Causation Definition,
    • A method of connecting an entity's conduct with an effect, which in some cases can prove legal liability.
  • Caveat Definition,
    • A charge or instrument placed on land title.
    • To give warning, notice or caution; beware.
  • Certificate of Sale Definition,
    • An affidavit issued at a judicial or tax sale that entitles the buyer to the deed to the property purchased after court confirmation.
  • Certificate of Title Definition,
    • A written document stating that the title to a piece of property is legally vested in the present owner.
  • Chain of Title Definition,
    • Legal records that trace ownership of a property from the most recent owner to the original owner.
  • Change Order Definition,
    • A document defining an alteration of construction plans.
  • Claim Definition,
    • A creditor's assertion of a right to payment from a debtor or the debtor's property.
  • Classified Information Non-Disclosure Agreement (CINDA)Acronym,
    • Clear Title Definition,
      • Title not burdened by liens or legal questions.
    • Clear-Space Clause Definition,
      • A clause that requires insured property to be located a minimum distance from surrounding property.
    • Client Account Agreement (CAA)Acronym,
        Terms set out by banks when opening a savings or securities / investment account.
      • Closing Definition,
        • In real estate, the delivery of a deed, the payment of the purchase price, the signing of notes, and the paying of closing costs, which completes a real estate transaction.
      • Closing Costs Definition,
        • The miscellaneous expenses involved in closing a real estate transaction that are over and above the purchase price. Some of the closing costs include title insurance, appraisal fee.
      • Co-signer Definition,
        • A person who signs a promissory note that is also signed by one or more other parties. All parties take responsibility for the debt if any of the others renege.
      • Collateral Definition,
        • Any property pledged as security for repayment of a debt.
      • Collateral Source Rule Definition,
        • In tort law, the collateral source rule states that the tortfeasor (defendant) cannot deduct payments made by other parties to the plaintiff (such as insurance settlements) from what they are required to pay.
      • Collusion Definition,
        • A secret, deceitful agreement by two or more parties to defraud others.
      • Comparative Negligence Definition,
        • The degree to which the claimant's own negligence factored into damages, and how much liability can be attributed to each party.
      • Competent Definition,
        • Legal ability to make decisions and enter into contracts.
      • Conditional Sales Agreement (CSA)Acronym,
        • Confidential Disclosure Agreement (CDA) Acronym,
          • A contract that disallows one or more parties from disclosing information covered by the contract.
        • Confidentiality Agreement (CA) Acronym,
          • A contract that disallows one or more parties from disclosing information covered by the contract.
        • Confidentiality Non-Disclosure Agreement (CNDA)Acronym,
          • Confusio-Lexicon Maximus Definition,
            • The rescinding of language in process when none is making nonsense less and therefore incurred but not reported deficiencies in mental capacities are not apparently un-obviously imposed.
          • Consent Judgement Definition,
            • A judge's legally binding approval of a written agreement by the parties of a lawsuit.
          • Consideration Definition,
            • A thing of value that is negotiated as part of a contract.
          • Consumer Bankruptcy Definition,
            • A bankruptcy case filed to reduce or eliminate debts that are primarily consumer debts.
          • Contingency Definition,
            • A condition that must be met before a property sale can be completed, such as a home inspection or mortgage approval.
          • Contingent Liability Definition,
            • A legal responsibility to pay certain sums conditional on a future event such as a law suit or court case.
          • Contract Definition,
            • An agreement between two or more parties that can be enforced by law.
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