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The term is employed in legal, business, and consumer settings to establish that an item or property is being sold or provided in its current condition, [2][3] with no warranties or guarantees regarding its quality. [4][5] In legal contexts, the phrase "as is" is used in contracts, agreements and sales transactions. [6][7] It is used to ...
Cons. Reduced profit: Homes sold as-is generally fetch a lower price, due to the anticipated repair costs the buyers will have to shoulder. Skipping the repairs saves you money on the front end ...
A bill of sale is a document that transfers ownership of goods from one person to another. It is used in situations where the former owner transfers possession of the goods to a new owner. Bills of sale may be used in a wide variety of transactions: to sell goods, exchange, give, or mortgage objects. They can be used only to transfer ownership ...
t. e. In English common law, real property, real estate, immovable property or, solely in the US and Canada, realty, refers to parcels of land and any associated structures which are the property of a person. In order for a structure (also called an improvement or fixture) to be considered part of the real property, it must be integrated with ...
False advertising is the act of publishing, transmitting, distributing, or otherwise publicly circulating an advertisement containing a false claim, or statement, made intentionally (or recklessly) to promote the sale of property, goods, or services. [ 3 ]
Sammy Hagar just provided another example of how there's only one way to rock. His recipe: Have a ball but keep to life's speed limit, easy on the drugs, heavy on the rock 'n' roll, and – above ...
In accounting, goodwill is an intangible asset recognized when a firm is purchased as a going concern. It reflects the premium that the buyer pays in addition to the net value of its other assets. Goodwill is often understood to represent the firm's intrinsic ability to acquire and retain customer business, where that ability is not otherwise ...
Higher category: Law and Common law. v. t. e. A listing contract (or listing agreement) is a contract between a real estate broker and an owner of real property granting the broker the authority to act as the owner's agent in the sale of the property. [1]