waalco.ca

Website:https://www.waalco.ca
Upvotes received0
Downvotes received0
Karma:0 (upvotes-downvotes)



0 earned Badges

No badges were found



Definitions (306)

1

0 Thumbs up   0 Thumbs down

Abandonment of Property


To vacate a property with a definite intention never to return.
Source: waalco.ca

2

0 Thumbs up   0 Thumbs down

abstract of title


Registry System: A condensed history of the title to a parcel of land consisting of a synopsis of every recorded instrument affecting the title to that land arranged in chronological order of recordin [..]
Source: waalco.ca

3

0 Thumbs up   0 Thumbs down

ACCELERATION CLAUSE


A clause in a mortgage which provides that where default has occurred in making any payment of moneys due under a mortgage or in the observance of any covenant in a mortgage and under the terms of the [..]
Source: waalco.ca

4

0 Thumbs up   0 Thumbs down

acceptance


The offeree's consent to enter into a contract and to be bound by the terms of the offer.
Source: waalco.ca

5

0 Thumbs up   0 Thumbs down

Accrued interest


The interest charged for the period of time that has elapsed since interest was last deducted.
Source: waalco.ca

6

0 Thumbs up   0 Thumbs down

adverse possession


The right by which someone occupying a piece of land might acquire title against the real owner, if the occupant's possession has been actual, continuous, hostile, visible, and distinct for a sta [..]
Source: waalco.ca

7

0 Thumbs up   0 Thumbs down

Affidavit


A statement or declaration in writing and sworn to or affirmed before some officer who is authorized to administer an oath or affirmation, such as a notary public, or commissioner of oaths.
Source: waalco.ca

8

0 Thumbs up   0 Thumbs down

Agency


An agency is created when one person, called the principal, authorizes another person, called the agent, to act on behalf of and subject to the control of the principal.
Source: waalco.ca

9

0 Thumbs up   0 Thumbs down

Agreement of Purchase and Sale


A written agreement between vendor and purchaser in which the purchaser agrees to buy certain real property and the vendor agrees to sell upon terms and conditions as set forth in that agreement.
Source: waalco.ca

10

0 Thumbs up   0 Thumbs down

alienation clause


A type of acceleration clause that demands payment of the entire debt upon sale or other transfer of the title.
Source: waalco.ca


To view all 306 definitions, please sign in.