Examlex
What improves business process efficiencies by simplifying or eliminating unnecessary steps?
Escrow Account
A financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.
Common Area
Shared spaces in a property such as hallways, lobbies, and amenities available to all occupants or tenants.
Legal Possession
Having control over a property or item according to law, with the right to use and manage it within legal parameters.
Tenancy-at-Sufferance
A situation where a tenant remains in possession of a property after the expiration of their lease, without the landlord's consent.
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