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When a private college or university has a foundation,and that foundation receives contributions specifically directed for the benefit of the college or university,
Due-on-sale Warranties
Clauses in a mortgage agreement that require the full loan balance to be repaid if the property is sold.
Express Warranties
Explicit guarantees made by a seller about the quality, safety, or performance of a product or service.
Certain Circumstances
Refers to specific conditions or factors that affect or determine the outcome or application of a rule in a particular case.
Disclaimer
A statement that denies responsibility or relinquishes a right, often used to avoid legal liability.
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