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Time and materials contract
| Construction glossary |
A construction contract which specifies a price for different elements of the work such as cost per hour of labor, overhead, profit, etc. a contract which may not have a maximum price, or may state a 'price not to exceed'.
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Construction, французский
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Sales contract, английский
- A contract between a buyer and seller which should explain: (1) what the purchase includes, (2) what guarantees there are, (3) when the buyer can move in, (4) what the closing costs are, and (5) what recourse the parties have if the contract is not fulfil
- Contract between a seller and buyer for the sale of goods, services, or both.
- Договор купли-продажи
- A written agreement stating the terms of the sale agreed to by both buyer and seller. see earnest money contract.
Mortgage company, английский
- A company that borrows money from a bank, lends it to consumers to buy homes, then sells the loans to investors.
- A legal entity which conducts business of providing funding to borrowers in order to facilitate additional equity needs in order to acquire residential or commercial real property. the funding is typically collateralized by the real property that is acquired.
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