Legal terms and definitions
 For your convenience, and for a better understanding of the legal process and services conducted by Extend Assure, we have included a broad collection of legal terms and industry-related definitions:
- Appraisal - Appraisal is the act of estimating the monetary value of real, personal, or intangible property, usually performed... (read more);
- Bailiff - A governor or custodian, a legal officer to whom some degree of authority, care or jurisdiction is committed. (read more);
- Collector - A collection agency is a business that pursues payments on debts owed by individuals or businesses. (read more);
- Landlord - A landlord, or landlady, is the owner of a house, apartment, condominium, or real estate which is rented or leased to an individual or business, who is called the tenant. (read more);
- Leasing - A lease or tenancy is an interest in personal property or real property given by a lessor to another person. (read more);
- Liquidation - Liquidation, or winding up, refers to a business whose assets are converted to money. (read more);
- Rental agreement - A rental agreement is a contract, usually written, between the owner of a property and a renter who desires to have temporary possession of the property. (read more);
- Tenant - A leasehold estate is an ownership interest in land in which a lessee or a tenant holds real property by some form of title from a lessor or landlord. (read more);
- Termination of lease - The landlord and tenant can agree to terminate the lease at any time, which is called a surrender of the lease. (read more);
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