A generic, nonbinding form of an insurance contract intended to show what the final contract will generally look like without information specific to the insured party (e.g., special exceptions or endorsements).

Allows the rest of the agreement to survive if part is found to be illegal; also, it may include terms that invalidate the entire lease if certain essential terms are found illegal.

The state of dying without a legal will.

Cites insurance required for a particular transaction, including amount and type. A party may be listed on the certificate of insurance, but not named in the policy itself. A certificate of insurance does not convey rights to the certificate holder. Thus, the actual insurance policy should always be reviewed to make sure it includes all…

Sale of property where seller receives at least one payment after the tax year in which the sale occurs. Seller is taxed based on the profit received in a particular tax year.

Right or permission to enter; also the means or place of entry such as a right of way across adjoining land.

Water used for industrial purposes such as fabrication, processing, washing, and cooling, and includes such industries as steel, chemical and allied products, paper and allied products, mining, and petroleum refining. The water may be obtained from a public supply or maybe self supplied.

Commercial property used for the purpose of production, manufacturing, or distribution.

Lease where the rental amount adjusts proportionately to changes in a price index, usually the consumer price index.

Land that has been developed with the addition of roads, utilities, or buildings.