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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

applicable convention

Law; Contracts

International treaty specified in a document or instrument that governs the legal implication of words and terms used in it and the applicable jurisdiction in case of a dispute. ...

application for payment

Law; Contracts

Written request for compensation, such as by a contractor to the owner of the project, for the work performed, goods delivered, or services rendered.

appointment

Law; Contracts

Principal's action that authorizes an agent to act on the principal's behalf. Disposing of a property, by exercising powers conferred for the purpose.

approved bidders list

Law; Contracts

List of contractors who have fulfilled the requirements of pre-qualification criteria. Such contractors are called qualified bidders or contractors.

backup data

Law; Contracts

1. Detailed information supporting a bid, estimate, or proposal. Also called support data. 2. Duplicate (redundant) copy of data saved during a backup session, and available as ...

bailee

Law; Contracts

A person who receives property by way of bailment.

bailment

Law; Contracts

Transfer of personal property by one party (the bailor) in the possession, but not ownership, of another party (the bailee) for a particular purpose. Such transfer is made under ...