answersLogoWhite

0

What is a Give up agreement?

Updated: 9/13/2023
User Avatar

Wiki User

15y ago

Best Answer

There is no clear answer to that question. However, it can be said that a "give up" is either the process of a party replacing another contractual party in a contractual relationship thus assuming all rights and obligations or it is a service that banks offer their clients for example in regard to FX transactions where client is allowed to trade with a counterparty in the name of the bank. The reason for such a structure might be that the client gets better conditions or market access. The Agreement of course then deals with the questions around mentioned issues.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a Give up agreement?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Give sample agreement of a mortgage bond?

kasunduan sa pagsangla


What is a remortgage deal?

A remortgage deal is when you shop around other banks for better rates than your current bank is offering. You can also ask your current mortgage company to see if they can give you a better rate when the mortgage agreement is up.


How does buying out a rental agreement affect your credit?

It should not have any effect, since you honored the agreement and paid up. You might want to keep the letter or receipt for the payment for your records, though.


What if a payment was never made on a car and now want to give it back voluntarily?

If you signed a loan agreement then giving the car back won't help you.You are bound by the terms of the loan.Read the agreement what happens next will be determined by what that loan says.


What can you do if a house is purchased with a fixed rate loan and the mortgage is reassigned to another lender and that lender changes the loan to an ARM?

First of all, you signed an agreement with a fixed rate, and just because it was sold does not mean they have the right to change the mortgage agreement. If you signed a new mortgage agreement stating the new agreement then you are liable for that, but you can call your mortgage company and tell them you have a copy of the agreement you signed and, that you didn't agree to an arm. To sum it up, unless you re-signed a mortgage agreement, they DO NOT have the right to change anything just because they have baught your mortgage from your original mortgagor. Please do not let them run you over. Good luck.

Related questions

What does truse mean?

A truse is an agreement to give up at the same time. The incorrect spelling of truce - which is an agreement to give up at the same time.


When you give up some of what you want in order to reach agreement?

When you give up some of what you want in order to reach agreement it is called a compromise.


What is To give up something in order to an agreement?

opportunity cost


What did the Convention of 1800 do?

It was an agreement to give up all claims to the land that France settled.


What word means the willingness of each person to give up something in order to reach agreement?

Compromise.


What is the key to conflict solution?

dont be greedy? must give up something in order to reach an agreement.


What is a user agreement?

An agreement that you will not give out personal information to friends, teachers, strangers.


What do you call a settlement in which each side in a disagreement agrees to give up some demands in order to reach a agreement?

A compromise.


What is an agreement among a group of people in a society to give up part of their freedoms in exchange for their natural rights?

Social contract


What do you call a settlement in which each side in a disagreement agrees to give up some of its demands in order to reach an agreement?

compromise


What is a user agreement policy?

An agreement that you will not give out personal information to friends, teachers, strangers.


How does one set up a prenuptial agreement?

There are several ways a person can set up a prenuptial agreement. A prenuptial agreement can be set up with an attorney. The prenuptial agreement must be written and signed by both parties.