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A credit agreement that affects real estate can be terminated by paying off the balance and requesting a release/discharge from the lender that can be recorded in the land records. If the agreement doesn't affect real property then any balance must be paid off and the account should be closed.
What else can I help you with?
Is a credit card a verbal agreement?
No, it is not.
Do you have to pay a debt when the credit agreement has gone?
If by 'gone' you mean the agreement is missing than it may be deemed unenforceable and the debt can be cancelled by a court. This only applies in the UK as far as I am aware though.
What will not be found in your credit cards terms of agreement?
A recipe for how to cook scrambled egg will not be found in your credit card's terms of agreement. You may find this answer surprising, but it is a TRUE answer to the question you have asked. The problem is that when you ask a question in the negative ("what will not"), almost anything is a true answer and it is also impossible to tell what it was that you were actually wanting to know.
What is a revolving credit agreement?
A revolving credit agreement is a legal contract between a lender and a borrower whereby the lender agrees to lend up to a certain amount to the borrower for some period of time. The borrower agrees to make minimum periodic payments during the time that the revolving credit agreement is in force and pay off any balance due at the end of the contract period. Many revolving credit agreements automatically renew after the agreed period (unless the credit circumstances for the borrower have radically changed). An example of a revolving credit agreement is the credit card. A credit card has a credit limit ("up to a certain amount" or "maximum"), an expiration date ("some period of time") and minimum payment requirements ("minimum periodic payments"). Most credit card agreements are renewed before the original agreement (the card) expires.
What are you part of if you take out a loan?
When you take out a loan, you become part of a contractual agreement with a lender, which may be a bank, credit union, or other financial institution. This agreement outlines the terms of the loan, including the repayment schedule, interest rates, and any associated fees. Additionally, you may also be part of a larger financial system, as your loan impacts your credit score and financial history.
Can a landlord charge back fees like HOA or pest remediation for the prior 14 months once a lease is terminated?
It may depend on how the lease was terminated but unless the charges are based on a previous agreement, the landlord cannot spring this on you.
What may be unilaterally terminated by a lessor or lesser?
A lease agreement can often be unilaterally terminated by a lessor (the property owner) in cases of tenant default, such as non-payment of rent or violation of lease terms. Additionally, if the property is sold or if the lessor needs to reclaim the property for personal use, they may have the right to terminate the lease. However, the specific conditions for termination should be detailed in the lease agreement and may vary by jurisdiction.
How are partnership businesses terminated?
when partners agreement comes to an end. and also when government policies restricts their operation.
How may an offer be terminated and What is the position relating to acceptance?
By giving the other party a month or less than a month's notice of your intention to cancel, depending on the conditions set out in the acceptance agreement.
Is a credit card a verbal agreement?
No, it is not.
What is a time limitation of agreement?
If the agreement is properly drafted there should be a time of duration or performance set forth in the agreement. The agreement should clearly state the terms of the agreement, whatever is being agreed upon by the parties, and, it should set forth a dated by which the agreement should be fulfilled or terminated.
What if you have no job but good credit can you finance a car My husband works but has bad credit however he makes good money does his name have to go on the finance agreement?
If you have excellent credit they may not even ask for/about income.
Can servitude be terminated?
Yes, servitude can be terminated through various means such as completion of the agreed-upon service, expiration of a contract, mutual agreement between parties, or legal intervention if terms are violated. It is important to ensure that the termination is done in accordance with the terms of the agreement to avoid potential disputes.
What are the 5 ways to terminate a contract?
A contract can be terminated in several ways: Mutual Agreement: Both parties can agree to end the contract. Completion: The contract can be terminated once all obligations are fulfilled. Breach: If one party fails to meet their obligations, the other party may terminate the contract. Frustration: If unforeseen circumstances make the contract impossible to fulfill, it can be terminated. Expiration: Contracts may have a specified end date, after which they automatically terminate.
Does Safilo make Ralph Lauren sunglasses?
Safilo terminated their agreement with Ralph Lauren as of 12/31/2006
How an agency can be terminated?
An agency can be terminated through mutual agreement between the principal and the agent, or by the principal revoking the agent's authority. It can also be terminated if the agent breaches their duties or if the purpose of the agency is fulfilled. Additionally, the agency may end automatically upon the death or incapacity of either party or through the expiration of a specified term. Lastly, termination can occur if the agency becomes illegal or impossible to perform.
What is a limited times times a limited?
If the agreement is properly drafted there should be a time of duration or performance set forth in the agreement. The agreement should clearly state the terms of the agreement, whatever is being agreed upon by the parties, and, it should set forth a dated by which the agreement should be fulfilled or terminated.
