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  2. What is the difference between a co-signer and a co-borrower? There are two types of parties that can apply for a loan alongside the primary borrower: a co-signer and a co-borrower .

  3. Signing agent - Wikipedia

    en.wikipedia.org/wiki/Signing_agent

    In American law, a signing agent or courtesy signer is an agent whose function is to obtain a formal signature of an appearer to a document. In common parlance, most jurisdictions require the appearer to sign before a notary public. From this, the practice of a notary public designating themselves as a signing agent has arisen.

  4. Checkwriter - Wikipedia

    en.wikipedia.org/wiki/Checkwriter

    [3] The signer or presenter of the check, or person who prints and authorizes the check. In U.S. law , in Article 3 of the Uniform Commercial Code , codified in most U.S. State statutes, a check is an order (as opposed to a promise) to pay a fixed amount of money, according to §3-104(a).

  5. Buyer brokerage - Wikipedia

    en.wikipedia.org/wiki/Buyer_brokerage

    Buyer Agency Agreements are where a real estate agent represents the buyer of real estate. With the advent of "Buyer Agency" (Buyer Brokerage) in the early 1990s as opposed to seller agency, a real estate Agent/Broker agrees and contracts to represent the Buyer in his purchase of a home/property. Buyer Agency Agreements were developed to set ...

  6. Who pays closing costs, the buyer or the seller? - AOL

    www.aol.com/finance/pays-closing-costs-buyer...

    Both buyers and sellers incur some form of closing costs, but many items can be negotiated. ... This typically comes to somewhere between 2.5 and 3 percent of the home’s sale price, per agent ...

  7. Financial transaction - Wikipedia

    en.wikipedia.org/wiki/Financial_transaction

    A financial transaction is an agreement, or communication, between a buyer and seller to exchange goods, services, or assets for payment. Any transaction involves a change in the status of the finances of two or more businesses or individuals. [ 1 ]

  8. Memorandum of understanding - Wikipedia

    en.wikipedia.org/wiki/Memorandum_of_understanding

    In business, an MoU is typically a legally non-binding agreement between two (or more) parties, outlining terms and details of a mutual understanding or agreement, noting each party's requirements and responsibilities—but without establishing a formal, legally enforceable contract (though an MoU is often a first step towards the development of a formal contract).

  9. Types of e-commerce - Wikipedia

    en.wikipedia.org/wiki/Types_of_e-commerce

    While sometimes the buyer is the end user, often the buyer resells to the consumer. [3] This type of e-commerce typically applies to the relationship between producers and wholesalers; it may additionally remain applied to the relationship between the producers or the wholesalers and the retailers themselves. [2]