Tag: buyer
The Only Way is Up: A Huge Boost for Crypto Fanatics
In the somewhat neverending saga between the Securities and Exchange Commission and Ripple Labs, the case finally came to a head in a near...
How Does A Home Buyer’s Warranty Work?
Home buyers' warranty companies usually offer several different home warranty plans. Homeowners can buy a home warranty when buying or selling a home. Some...
Immediate Credit
What is 'Immediate Credit' The Federal Reserve practice of "clearing" checks deposited by member banks on the same day they're deposited. This...
In Escrow
What does 'In Escrow' mean In escrow is an item such as money or a piece of property that has been transferred...
Implied Warranty
DefinitionIn common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale...
Abandonment Option
What is 'Abandonment Option' A clause granting parties the option of withdrawing from the contract before the fulfillment or completion of all...
Real Estate Short Sale
What is a 'Real Estate Short Sale' A real estate short sale is any sale of real estate that generates proceeds that...
Sales And Purchase Agreement (SPA)
What is a 'Sales And Purchase Agreement - SPA' A sales and purchase agreement (SPA) is a legal contract that obligates a...
Sandbag
What does 'Sandbag' mean Sandbag is a tactic used to hide or limit expectations of a company's or individual's strength in order...
Back-To-Back Letters Of Credit
What are 'Back-To-Back Letters Of Credit' Back-to-back letters of credit consist of two letters of credit (LCs) used together to finance a...