Implied Warranty
Definition of "Implied warranty"
Under law, a warranty in effect even if not expressly stated. It provides that real property sold is warranted to be appropriate for sale and is in proper condition even if not stated, there is an express warranty.
Popular Real Estate Terms
The right of a landowner to have lateral land support from adjacent properties. The right of lateral and subjacent support means that an adjacent land owner may not, for example, lower or ...
A right or interest in property held by a third party, which often limits the use and diminishes the value of the property, but usually does not prevent the transferring of title. The more ...
Method of selling and obtains possession, but the seller retains the title. ...
transfer of real property by legal means such as through inheritance. ...
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Details of a contract of sale including a financial statement, legal description, type of deed, place, date and time of closing of title. ...
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Metal hardware within the construction that is typically not visible, such as bolts, nails, and screws. ...
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