Examlex
The cost of research is greater at the macrolevel of segmentation than at the microlevel.
Tenants
Individuals or entities that hold a leasehold interest in a property, granting them the right to occupy and use the property according to the terms of their lease agreement.
Assumes a Mortgage
The act of taking on the obligation to pay an existing mortgage, typically as part of a property purchase.
Latent Defects
Hidden or concealed flaws in property or goods that are not readily observable or discoverable through reasonable inspection.
Variable Rate Mortgage
A type of mortgage where the interest rate can change, based on an index or an agreement between the lender and borrower.
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