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Expansion option
Expansion option Right granted by the landlord which provides the option of adding more space to the premises.
RELATED TERMS--------------------------------------
Landlord
One who rents property to a tenant.
Option
A right given to purchase or lease a property upon specified terms within a specified time.
SIMILAR TERMS--------------------------------------
PREVIOUS AND NEXT TERMS--------------------------------------
Executrix
A female person appointed by a testator to carry out the directions and requests in his or her last will and testament, and to dispose of his or her property according to the provisions of the will.
Exemplary damages
Monetary damages that go beyond the actual compensatory damages. They are awarded to punish a wrongdoer for fraudulent, malicious and wrongful conduct.
Exhaust fan
Ventilating devices that remove water vapor, undesired smells or smoke.
Existing liabilities
Expenses taken into account by a mortgage lender when assessing an applicant’s ability to repay the loan.
Exit strategy
Strategy available to investors when they desire to liquidate all or part of their investment
Expansion option
Expense stop
Fixed amount in a lease that serves as a limit on the amount for which the tenant is responsible, in the event expenses exceed a pre-stated amount.
Experian
One of the Big Three credit bureaus, along with Equifax and Trans Union.
Expiration date and time
A section of the offer to purchase designed to give the offer a time limit after which the offer is withdrawn.
Express agency
A stated (written or verbal) agency agreement.
Express agreement-contract
An oral or written contract in which the parties state the contract's terms and express their intentions in words.
This dictionary contains 6433 terms. |
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