Examlex
When a landlord seizes property left by the tenant and holds it until the rent is paid, or sells it to pay rent owing, this is referred to as
Third Party
An entity that is not directly involved in a transaction or agreement but may be affected by it or play a role in its outcome.
Principal
The primary party involved in a financial transaction or agreement, often referring to the main amount of money borrowed or invested.
Legal Action
A formal proceeding in a court, which involves enforcing or defending a legal right.
Authorised
Officially granted permission or power to do something within a particular scope or sphere.
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