|
| Home Improvement Sears |
|
Menu
|
Free Classifieds and Advertising for Individuals and Businesses at www.KeepSane.com
CONTRACT OF SALE The agreement between the buyer and seller on the purchase price, terms, and conditions of a sale. WAIVER To voluntarily give up or surrender a right. BREACH OF CONTRACT Violation of any of the terms or conditions of a contract without legal excuse; default, non-performance, such as failure to make payment when due. CONVEYANCE The document used to effect a transfer, such as a deed, or mortgage. CERTIFICATE OF REASONABLE VALUE (CRV) A certificate issued by the Veterans Administration setting forth a property's current market value estimate, based upon a VA approved appraisal. FINANCIAL STATEMENT A formal statement of the financial status and net worth of a person or company, setting forth and classifying assets and liabilities as of a specified date. PUFFING Exaggerated or superlative comments or opinions not made as representations of fact and thus not a grounds for misrepresentation. A statement such as "the apartment has a fantastic view," is puffing because the prospective buyer can clearly assess the view in each case. |
Copyright © 2004-2005 | www.WeWillBuyYourHouseFast.com | Privacy Policy |