Covenant of Seisin Covenant of Seisin is a clause that guarantees or verifies the owner’s possession of the property they are transferring. This clause ensures that there will be...
Grant Deed Grant Deed is a legally binding contract that transfers ownership of real estate from one person to another. A person, a multinational entity which...
Equilibrium Quantity If there's no shortage or surplus of a commodity, it is said to be in Equilibrium Quantity. It's also the quantity wherein supply and demand curves intersect...
Signature Guarantee Signature Guarantee is a type of validation offered by a financial intermediary that checks the legality of a signature as well as the entire demand of the signatories.
Grantor Trust Grantor Trust is a form of trust that permits the grantor to have control over one or more of the trust's authority. As a result, the money in the trust is taxed to the grantor.
Co-applicant A Co-applicant is someone who is participating in the loan process in addition to the main clienttion process. They are treated equally with the client.
Holdover Tenant A Holdover Tenant stays inside the rented house after its contract ends without all the owner's express consent. These are deemed trespassers in the legal sense...
Debt Covenant Debt Covenants are limits imposed on loan agreements by lenders to constrain the borrower's actions (the debtor). These are agreements between a firm and its lenders...
Warranty Deed The warranty deed is a legal document that demonstrates guarantees or declarations that the owner officially possesses the property...
Capital Guarantee Capital Guarantee is one type of investment plan that protects an investor's investment from loss. These are a few sorts of risk-free investment plans...
Definition
[ n.]