|
| Home Improvement Company |
|
Menu
|
Free Classifieds and Advertising for Individuals and Businesses at www.KeepSane.com
CUL DE SAC A street which is open at one end only, and which usually has a circular turnaround; a blind alley. POWER OF ATTORNEY Legal document authorizing one person to act on behalf of another. GOOD WILL An intangible, salable asset arising from the reputation of a business. OPEN LISTING A listing given to any number of brokers. The first broker who secures a buyer ready, willing and able to purchase at the terms of the listing is the one who earns the commission. ANNUAL PERCENTAGE RATE (APR) The cost of credit expressed as a yearly rate. The annual percentage rate is often not the same as the interest rate. It is a percentage that results from an equation considering the amount financed, the finance charges, and the term of the loan. HABENDUM CLAUSE That part of the deed beginning with the words "to have and to hold," following the granting clause and reaffirming the extent of ownership that the grantor is transferring. PROMISSORY NOTE An unconditional written promise of one person to pay a certain sum of money to another, or order, or bearer, at a future specified time. |
Copyright © 2004-2005 | www.WeWillBuyYourHouseFast.com | Privacy Policy |