Cause Of Action
Definition of "Cause of action"
Legal claim with enough basis in fact to have a lawsuit.
Popular Real Estate Terms
A public officer given the right to authenticate a document, accept a person's oath, administer depositions, and to conduct other activities in commercial business. An official seal is used ...
Statement made verbally. It is better legally to have a written statement because verbal ones without witnesses may be denied. ...
Same as term yield: The income earned on an investment, typically stated as a percentage of the market price ...
Reconsideration of the value of real property. An example is getting property appraised each year to determine its current value for tax or purposes of determining whether to sell ...
Giving of a promise or guarantee to the receiver to instill confidence. ...
Amount of money paid for some form of property. In real estate, the price paid for property is usually the market price; however, in the case of a forced sale, as in a foreclosure sale, the ...
Amount of money that must be charged or invested in the initial stage of a business transaction to demonstrate good faith as well as to help offset some expenses. For example, the customary ...
Refurbishing or rebuilding a property, such as a house, back to its original or earlier condition. ...
The units are used as commercial offices. The purchaser of an office condominium owns the title to the individual office unit and not to the property. Maintenance fees are assessed to each ...
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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