Examlex
The acceptance of mistakes, the freedom to discuss ideas, and the assignment of nonspecialists to problems are characteristics of creative organizations or departments.
Buyer
An individual or entity that purchases goods or services from a seller in exchange for monetary payment or other consideration.
Grantor
The person or legal entity that creates a trust, conveys property, or grants a right.
Existing Mortgage
A mortgage that is currently in place on a property, affecting its sale, transfer, or refinancing.
Mortgagor
An individual or entity who borrows money to purchase property and pledges that property as collateral for the loan.
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