Examlex
Internal control is enhanced by combining the control of a transaction with the record-keeping function.
Estate Conveyed
The process of transferring property ownership, typically through a legal deed, from one party to another.
Consideration
Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.
Restrictive Covenants
Clauses within a contract that limit the actions of the parties, commonly used in employment and real estate agreements to restrict competition or usage.
Title Insurance Policies
Contracts that protect buyers and lenders from losses due to defects in a property's title.
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