A land contract is a legal agreement between a buyer and seller where an installment payment is arranged for purchasing land or other real property. Unlike a mortgage where the buyer borrows money from a lender or bank to buy real property, a land contract is a seller-financed lending agreeme...
A contract for deed works similarly to a mortgage, where the borrower makes regular payments until they get the title to the property. In a contract for deed, however, instead of making payments to the bank, the borrower makes payments to the seller. A contract for deed is one of the mo...
The hotelier who is responsible for collecting the tax from the clients may do so at a rate allowed by the law in effect at the time. When a company owns, manages, or operates a business, the company and each of its partners are jointly and severally accountable for paying taxes. Each ...
A GST number is also important to avoid penalties for non-compliance with the GST Act. If a person is liable to register under GST but fails to do so, he or she may face a penalty of 10% of the tax due or Rs. 10,000, whichever is higher. Similarly, if a person collects GST fr...
What does a personal guarantee cover? What is a personal guarantee for debt service and carry? How does a personal guarantee work? What is a special warranty deed? When does a personal guarantee expire? What is important to include in a grant letter of support? What is brand promise? Who...
piece of merchandise what's-it what's-its-name whatdoyoucallit what-d'you-call-it more ❯ “Product safety begins with design or formulation, whether it is for a complex engineering product or a simple household article.” Noun ▲ A piece of writing included with others in a publicati...
“The pile consisted mostly of personalpapers, Ken's will and such.” Noun ▲ (usually "papers")A document attesting to one's identity “Two men in uniform then stopped us and asked us for ourpapers.” Noun ▲ A printed document where information is to be provided or filled in ...
Damac Properties is a Dubai-based company that is engaged in the development and sale of residential, commercial and industrial properties like2 BHK Flats For Sale In Safa One. The company was built on the strong foundations of the Al Ghurair Group, which has been in business for over 50 ...
In this blog, we will explain what KYC is and why it is necessary for you to complete it. What is KYC? KYC, or Know Your Customer, refers to the process of identifying and verifying a customer. It is a mandatory process that must be completed at the time of opening a bank account ...
A term sheet used as part of amergeror attempted acquisition typically contains information about the initial purchase price, the preferred payment method, and the assets included. It might also have information about what, if anything, is excluded from or must be part of the deal for one or...