Work letter

A work letter obligates the landlord to prepare the premises for the tenant’s occupancy. The buyer should review the work letter to know whether the landlord’s obligations have been satisfied.

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Wetlands

In order to be considered a wetland, the land must have one or more of the following three attributes: (1) at least periodically, the land supports predominantly hydrophytes (wetland plants); (2) the substrate is predominantly undrained hydric soil; and (3) the substrate is non-soil and is saturated with water or covered by shallow water at…

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Waiver

Voluntary and intentional relinquishment of a known right, claim, or privilege.

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