What Is A Specific Performance Clause?
If the court determines that no other remedy—such as money—will adequately compensate the injured party, it may requ...
What Defines A Contract?
A contract is an agreement between two parties that establishes a responsibility to carry out a specific duty. Th...
Common contingencies in real estate
The "undo" button can be a very useful tool while using a computer. The same is true of a contingency clause when bu...
What is a purchase and sale agreement?
A basic form that purchasers and sellers fill out as part of a real estate transaction is the purchase and sale agre...
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What Is A Breach Of Contract?
A breach of contract occurs when one party does not carry out their obligations under the contract. A party who viol...
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Conflict of Interest Explained: Types and Examples
A conflict of interest occurs when an entity or individual becomes unreliable because of a clash between personal (o...
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The Ways Home Sellers Can Back Out of a Contract
Sellers may have a variety of reasons for trying to back out of an accepted offer. Among them: If the seller get...
Home Defects Options
If your home came with unhappy surprises like leaks, cracks, broken mechanical systems, or other defects, the financ...
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Fiduciary Relationship
A similar fiduciary duty can be held by corporate directors, as they can be considered trustees for stockholders if...
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