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Real estate

Of or pertaining to property of land and the buildings on it. This also includes any minerals, crops, or any other natural resource. The business of real estate is the buying, selling, or renting property.

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Real estate > Contracts

avoidance of contract

Law; Contracts

Legal cancellation (frustration) of a contract when it is impossible to continue, or inequitable to force its performance. All the parties to the contract are thereby released ...

award

Law; Contracts

1. Acceptance of a bid or proposal for a contract. 2. Written decision of a court or arbitrator.

award letter

Law; Contracts

An alternative term for letter of award.

award of contract

Law; Contracts

This is an alternative term for contract award.

award-term contract

Law; Contracts

During the course of which the contractor's performance is measured periodically against specified benchmarks. Continuation of the contract is allowed so long the contractor meets ...

awarding authority

Law; Contracts

An entity that awards a prime contract.

hereunder

Law; Contracts

In a section following. Some legal documents say "in the terms specified hereunder…", referring to the terms and guidelines of the arrangement which are outlined in the following ...