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Waiver of subrogation (in a lease)
Waiver of subrogation (in a lease) Protects each party from being sued for the recovery of damages by third parties with a claim against the other party.
RELATED TERMS--------------------------------------
Damages The indemnity recoverable by a person who has sustained an injury, either in his-her person, property, or relative rights, through the act or default of another.
SIMILAR TERMS--------------------------------------
Waive To relinquish or abandon. To forego a right to enforce or require anything.
Waiver The intentional relinquishment or abandonment of a specific claim, privilege, or right.
PREVIOUS AND NEXT TERMS--------------------------------------
W2 Form Income tax form that is provided by employers to employees that states the income and taxes paid in a calendar year.
Wainscoting Wood paneling, tongue-and-groove boards or similar material installed between a baseboard and a chair rail.
Waiting period The time between the initial filing of a registration statement and its effective date
Waive To relinquish or abandon. To forego a right to enforce or require anything.
Waiver The intentional relinquishment or abandonment of a specific claim, privilege, or right.
Waiver of subrogation (in a lease)
Walk-out basement A feature that allows a door to open onto ground level.
Walk-Through A final inspection of a property before it changes ownership.
Wall Street Journal prime rate The fluctuating prime rate published in the Wall Street Journal, which surveys several banks to arrive at its number.
Warehousing Warehousing is the assembly of mortgage loans into "pools." Securities that represent shares in these pools are then sold to investors.
Warranties and representations A section of the offer to purchase designed to exhibit representations or warranties made by the real estate brokers or the seller.
This dictionary contains 6433 terms. |
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