Business terms and jargon explained. Your business dictionary

What is Assumption

This is where a property is purchased with its mortgage. The buyer of the property makes the payments of the original mortgage that the seller had. Unless specified the original borrower will still remain liable.

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Independent Review Service Zip Code Easy mark CEO
Royal Mint Payer Principal Place of Business Proprietor
Assurance Declaration of incompatibility BOGOFF N349 Civil Court form
Accumulation Money Transfer Abroad Gaap Subsidiary
Cash Flow Forecast SME Objects clause JP
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FIO Standard terms and conditions N121 Civil Court form Supply VAT
Ex gratia Franked income Restraint of trade In extenso
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Email client Security for Loans Sale and Leaseback Alibi

Term created / updated 2006-10-31 00:32:09

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