What Is FTD?
In the context of a home sale, Failure to Deliver (FTD) typically refers to a party not fulfilling a contractual obl...
Defining Contract Law
Contract law is a branch of law that deals with agreements between two or more parties. These agreements can involve...
Can Silence Signal Acceptance In Contract Law?
In general, silence does not signal acceptance in contract law. Acceptance typically requires some form of clear and...
Defining A Lay Witness
Read on to learn more about lay witnesses. Definition: A witness is anyone who has firsthand knowledge of an ev...
Defining An Expert Witness
An expert witness, also sometimes called a forensic expert, is a person whose specialized knowledge and experience i...
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...
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...
Why Are Expert Witnesses Important?
A misrepresentation is a false statement of a material fact made by one party which affects the other party's decisi...