Escape Clause
Definition of "Escape clause"
Contractual provision allowing an individual or business to renege on a commitment in certain cases without being penalized.
Popular Real Estate Terms
The period when a financial debt, such as a mortgage, must paid. ...
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Significant information that if disclosed would affect an individual's decision. For example, a buyer would probably not enter into a contract with a seller of real property if it was known ...
Danger, hazard, risk, or peril. For example, jeopardizing a piece of property by pledging it as collateral for a loan. ...
Civil rights acts passed by the U.S. Congress includes those of 1866, 1870, 1871, 1875, 1964, and 1968. The first two acts gave blacks the rights to be treated as citizens in legal actions, ...
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Lines determined by a government rectangular survey laying out a standard six-mile square area of land. ...
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