Rescission
Definition of "Rescission"
Canceling a legal contract either with the permission of both parties or by one party exercising the right of rescission, based on legal grounds.
Popular Real Estate Terms
The endorser stipulates something such as that the transferee cannot use the funds for six months. ...
Under current tax law, real estate is depreciated under either the straight-line method or modified accelerated cost recovery system (MACRS) method. See also MACRS. ...
Unexpected growth in an urban locality. ...
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protective wall along a roof or below a terrace. ...
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(1) That portion of exposed beach formed by waves depositing sand as they dissipate on the beach. The size of the berm commonly varies with the season. In the summer, the waves move sand ...
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