Examlex
Conflict is bad and should be avoided.
Earnest Money
A deposit made to a seller indicating the buyer's good faith, seriousness, and intent to complete the purchase transaction.
Purchase Price
The amount of money that is paid or agreed to be paid by a buyer to acquire ownership of a product or property.
Potential Purchaser
An individual or entity showing interest in buying a product or service, but who has not yet made a purchase decision.
Adverse Possession
An involuntary property transfer in which a person acquires ownership of property by treating a piece of real property as his or her own, without protest or permission from the owner.
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