real contract
111Literal contract — Literal Lit er*al (l[i^]t [ e]r*al), a. [F. lit[ e]ral, litt[ e]ral, L. litteralis, literalis, fr. littera, litera, a letter. See {Letter}.] 1. According to the letter or verbal expression; real; not figurative or metaphorical; as, the literal… …
112Closing (real estate) — Closing (or settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the parties consummate …
113land contract — 1. a contract for the purchase and sale of land. 2. a contract in which a purchaser of real estate, upon making an initial payment, agrees to pay the seller stipulated amounts at specified intervals until the total purchase price is paid, the… …
114land contract — n. a contract in which a purchaser of real estate, upon making an initial payment, agrees to pay the seller stipulated amounts at specified intervals until the total purchase price is paid, at which time the seller transfers his interest in the… …
115land contract — 1. a contract for the purchase and sale of land. 2. a contract in which a purchaser of real estate, upon making an initial payment, agrees to pay the seller stipulated amounts at specified intervals until the total purchase price is paid, the… …
116Keepin It Real with Al Sharpton — is a daily national talk radio program by New York City area civil rights activist Rev. Al Sharpton.While his show is based at New York City s WWRL, an Air America Radio affiliate, Keepin It Real with Al Sharpton is also broadcast on XM Satellite …
117no-lien contract — In real estate construction, this is a contract in which the subcontractors agree to give up their rights to file mechanic s or materialman s liens. American Banker Glossary …
118adhesion contract — A contract that is drafted unilaterally by the dominant party and then presented on a take it or leave it basis to the weaker party, who has no real opportunity to bargain about its terms. Restatement Second, Conflict of Laws § 332a, Comment e …
119oral contract — noun an agreement that is not in writing and is not signed by the parties but is a real existing contract that lacks only the formal requirement of a memorandum to render it enforceable in litigation • Hypernyms: ↑agreement, ↑understanding …
120Profit (real estate) — A profit (short for profit à prendre in Middle French for right of taking ), in the law of real estate, is a nonpossessory interest in land similar to the better known easement, which gives the holder the right to take natural resources such as… …
