DEED OF SURRENDER
A legal document that transfers property ownership for a specified time period, provided certain conditions are met. Basically, a deed of surrender allows one to relinquish his/her claims on a particular piece of property to the individual holding the underlying title, making it possible to settle any outstanding claims on the property. In addition to commercial property deals, deeds of surrender can also be used to relieve tenants of their lease obligations. In exchange for relinquishing their rights to a given rental property, the tenant is released from further claims and demands relating to the lease.
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Conditionality
Requirements placed on using or distributing money, most frequently associated with aid money, which is lent to another country. Countries or inter ...
Mortgage Cash Flow Obligation - MCFO
A pay-through unsecured general obligation bond with many classifications. It combines the cash flow from a pool of mortgages and the revenue from ...
Back Of The Napkin Business Model
A casual word that pertains to the illustration of the fundamental parts of a business model except for any fine details. It include only the prima ...
KPW
The currency abbreviation for North Korean Won, currency of North Korea. It is divided by 100 chon and presented with the symbol W. The term &ldquo ...
SEC Form 24F-2
SEC Form 24F-2 is also referred to as the Annual Notice of Securities Sold. This means that SEC Form 24F-2 is a filing that must be annually submit ...
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