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What does its mean on a lien waiver?
In the context of a lien waiver, "its" typically refers to the entity or individual that is granting the waiver. A lien waiver is a legal document in which a contractor, subcontractor, or supplier relinquishes their right to file a lien against a property, often in exchange for payment. The term "its" signifies the party's acknowledgment of the waiver's terms and conditions, indicating their agreement to forgo any claims against the property related to unpaid work or materials.
What is a spousal waiver for when purchasing a home?
Buying a house together indicates that the house would be marital property. A waiver signed before purchase means that either spouse is relinquishes any claim to the property, should the marriage end.
waiver of liability?
If you decide to sign a waiver of liability, keep in mind that you will not hold the company responsible for any damages that might incur if anything happens on your property or the business.
What is a Waiver of Security Deposit?
Generally speaking, a waiver of security deposit means that the management of the property being rented (apartment, etc.) has agreed to allow a renter to skip putting up a normally required deposit for the property. Sometimes management is willing to do this for a prospective tenant.
What is uninsured motorist property dam?
This is actually "Uninsured motorist property damage coverage" Or Waiver It is the portion of your insurance that covers you if the other motorist has no coverage. If it is a waiver you have to initial it means you have declined this coverage. This is one of many ways the cheapo insurance companies lower your rates.
How do you define real estate covenant?
A covenant is a promise in a deed of real property. There are different types of covenants, such as a covenant of warranty, which is a promise to guarantee the title to the property is free of any claims against it, a promise agreeing to joint use of an easement for access to real property, or a covenant not to compete for a certain period of time, which is commonly made by a seller of a business . Covenants which run with the land, such as permanent easement of access or restrictions on use, are binding on future owners of the property. Covenants can be concurrent (mutual promises to be performed at the same time), dependent (one promise need be performed if the other party performs his/hers), or independent (a promise to be honored without reference to any other promise).
Can a labourer be asked to sign waiver of liability?
Sure - but it probably won't hold up in court if he is injured on your property and decides to sue you.
What are the three types of judicial waiver?
judicial, prosecutorial waiver and legislative waiver
How does covenant of seisen apply to deeds?
The Covenant of Seisen applies to title of property. It basically warrants that the grantor (seller) owns the property and has the right to convey title to it. If breached, a grantee (buyer) can recover up to the full purchase price in damages. The Covenant of Seisen is one of several covenants or warrantees included in a General Warranty Deed, which provides the greatest protection to a buyer in the purchase of real property. As a note of interest, "Seisen" is just another word for "Possession".
What is a sentence for covenant?
A covenant is a contract between a lesser person and a greater person. A covenant is seldom between equals, so the lesser person is usually asking for protection by the greater person. In return, the greater person gets allegiance and tribute from the lesser person. "Micheal made a covenant with Mary to protect her property." "Abraham's covenant with God extended to all the children that God promised him."
What is waiver in Tagalog?
Tagalog translation of WAIVER: paubaya
Can a covenant be lifted on a landscaping belt?
That will depend on the covenant and the jurisdiction. In some cases, you will need to obtain approval from the neighborhood and the zoning commission. This is a case where you should consult with a property attorney and/or the local zoning office.
