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What Is a Judgment Debtor? a Judgment Creditor

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What is a judgment debtor? A judgment creditor?


Definitions:

Risk of Loss

The legal responsibility for the damage, destruction, or loss of property, which can transfer from seller to buyer according to the terms of a contract.

Lease Term

The duration for which a lease agreement is effective.

Quiet Enjoyment

A tenant's right to occupy and use premises without interference from the landlord or others with superior title.

Purchase Price

The amount of money that is paid or will be paid for the acquisition of a good, service, or asset.

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