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Joint and Several
A legal term detailing that multiple parties can be held individually or collectively responsible for a single obligation.
Lease Liability
Financial obligation that a lessee has to make payments resulting from a lease agreement, over the lease term.
Implied Warranty
An unstated guarantee that a product or service will meet certain standards of quality and reliability.
Housing Codes
Regulations and standards established to ensure residential buildings are safe, sanitary, and suitable for occupants.
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