Commercial and Business Real Estate in Louth Bay

co-signer
A second party who signs the promissory note and takes responsibility for a debt.

liquidated damages
A sum of money specified in a purchase contract to be paid by one party to a other in a event of the breach of contract.

thermocouple
A thick copper wire which acts as the safety device on the gas burner. If a pilot light for a burner goes out, a sensor on a end of a wire cools and prevents a flow of gas to a burner.

title insurance
A policy issued to lenders and buyers to protect against loss due to disputed property ownership.