Notice Of Nonresponsability
A clearly stated notice that an owner or operator will not assume responsibility for an inherent risk. For example, at a parking garage, a large notice of nonresponsability clearly states the management is not responsible for any valuables left in a car or damage which may occur while the car is parked on the premises.
Popular Real Estate Terms
Legal action by an owner of property to oust or exclude an individual or business form using the property. ...
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Value is exchanged by the parties to an agreement involving current or future performance making it legally enforceable. Without reasonable consideration for performance, the contract may ...
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Contractual provision allowing an individual or business to renege on a commitment in certain cases without being penalized. ...
Relationship between individuals or entities out of which exists a mutual interest. An example is a privity of contract among the contracting parties concerning the actions each are to take. ...
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Individual or entity who pays for the professional services of another person or business. ...
Area or county used in the census or other data gathering functions that has a population of 50,000 inhabitants or more. ...
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