Condition of the sale

 

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Condition of the sale

This is a legally binding clause in the contract of the property sale. A buyer may insist upon the removal of the ridiculous garish carpets in a house, as a condition of the sale, or insist that some minor repair work is completex before the transaction is finalised.



Condition of the sale

Similar Matches

Conditional Sales Contract

Conditional Sales Contract

A sale in which the title to property or goods remains with the seller until the purchaser has fulfilled the terms of the contract, usually payment in full.


Marshall-Lerner condition

Marshall-Lerner condition

The condition that sum of the elasticities of demand for exports and imports exceed one (in absolute value); that is, hX + hM > 1, where hX, hM are the demand elasticities for a country's exports and imports respectively, both defined to be positive for downward sloping demands. Under certain assumptions, this is the condition for a depreciation to improve the trade balance, for the exchange market to be stable, and for international barter exchange to be stable.


Statement of condition

Statement of condition

A document describing the status of assets, liabilities, and equity of a person or business at a particular time.


Report of Condition and Income

Report of Condition and Income

Financial report that all banks, bank holding companies, savings, and loan associations, Edge Act and agreement corporations, and certain other types of organizations must file with a federal regulatory agency. Informally termed a call report.


Conditionality

Conditionality

The requirements imposed by the IMF and World Bank on borrowing countries to qualify for a loan, typically including a long list of budgetary and policy changes comprising a structural adjustment program.


Further Suggestions

Conditional sales contracts
Technical condition of a market
Conditional call options
bargain conditions apply
CC and Rs (Covenants, Conditions and Restrictions)
Conditional insurance
First order condition


 
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