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  2. Lien waiver - Wikipedia

    en.wikipedia.org/wiki/Lien_waiver

    Owners should demand this release when they are paid in full. Some states allow an Unconditional Release upon final payment that is used to induce the final payment. It is an inherent vagary in the lien release law. In the United States, some states only use a conditional waiver on progress payment and an unconditional waiver on final payment.

  3. Lifetime probation - Wikipedia

    en.wikipedia.org/wiki/Lifetime_probation

    The court may use this condition upon offenders due to its less likelihood of committing further crime facet as well as gainful employment status. [14] Under employment release condition, offenders will have access to gainful educational as well as vocational training. This also enables offenders to be financially stable for the payment of ...

  4. Accord and satisfaction - Wikipedia

    en.wikipedia.org/wiki/Accord_and_satisfaction

    Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation itself. [1]

  5. What is conditional approval in a mortgage application? - AOL

    www.aol.com/finance/conditional-approval...

    The final step is the closing itself, when the loan funds are distributed, and you’ll get your first payment statement. The journey from conditional approval to closing usually takes 1-2 weeks ...

  6. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings.

  7. Buy now, pay later company Affirm strikes $4B loan deal with ...

    www.aol.com/buy-now-pay-later-company-143852613.html

    If a consumer is late or misses a payment, they do not owe any additional amount, which means there is no extra yield for investors in the event that the loan is not paid back on time. Affirm’s ...

  8. Land contract - Wikipedia

    en.wikipedia.org/wiki/Land_contract

    For example, if a buyer pays a $2,000 down payment and borrows $8,000 for a $10,000 parcel of land, and pays off in installments another $4,000 of this loan (not including interest), the buyer has $6,000 of equity in the land (which is 60% of the equitable title), but the seller holds legal title to the land as recorded in documentation in a ...

  9. Emboldened by ABC settlement, Trump threatens more lawsuits ...

    www.aol.com/emboldened-abc-settlement-trump...

    The Register’s final poll before Election Day, conducted by legendary pollster J. Ann Selzer, showed Harris leading Trump 47-44% among likely voters in the state, a bombshell result setting off ...

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