Cause Of Action
Definition of "Cause of action"
Legal claim with enough basis in fact to have a lawsuit.
Popular Real Estate Terms
To sign a note on behalf of another individual and, therefore, to guarantee payment. The cosigner is responsible for the loan if the borrower defaults. Such an agreement may occur in ...
The amount of a periodic payment, whether monthly, quarterly, or annually, including interest and principal, required for a mortgage payment. ...
Also called a teaser. The starting interest rate of an adjustable rate loan. It generally lasts between 1 and 12 months, at which time the loan rate increases based on prearranged criteria. ...
mortgage being reduced through periodic principal and interest payments. ...
Situation where a neighbor hood is gradually occupied by progressively lower income people. ...
Reference to let the vendor beware. Without specific exemptions, the vendor is obligated for action by the buyer for any explicit or implied modifications in the contract or warranty. ...
Property description contained in a title deed. A deed description is intended to inform a reasonable person where property is located. It can be described by metes and bounds, by ...
An adversary hearing allows both parties to an issue to present their views. A public procedure performed by an administrative or legislative body to investigate certain matters and ...
Investments, usually in limited partnership, that can protect of defer shelter) part of the income from current taxes. Under current law, passive leases can be applied up to passive income. ...
Comments for Cause Of Action
Hello, I was wondering what the term action off land means?
Oct 21, 2022 15:17:50Hello Kailyn! The term is vague without a proper context. An action off-land may refer to a procedure on a specific land surface distinct from the sea or water. Off-land could also entail a rural or agricultural area involving a farming activity.
Nov 01, 2022 12:42:46Have a question or comment?
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