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2. Acceleration (law) - Wikipedia

   en.wikipedia.org/wiki/Acceleration_(law)

   Acceleration clauses are most prevalent in mortgages and similar contracts to purchase real estate in installments. In a mortgage contract, activation of an acceleration clause may operate as a precursor to a foreclosure action through which a lender may legally compel the sale of the property that the borrower acquired by using the mortgage ...

3. Covenant (law) - Wikipedia

   en.wikipedia.org/wiki/Covenant_(law)

   A covenant, in its most general sense and historical sense, is a solemn promise to engage in or refrain from a specified action. Under historical English common law, a covenant was distinguished from an ordinary contract by the presence of a seal. [1] Because the presence of a seal indicated an unusual solemnity in the promises made in a ...

4. Boilerplate clause - Wikipedia

   en.wikipedia.org/wiki/Boilerplate_clause

   A boilerplate clause is a legal English term that is used in conjunction with contract law. When forming contracts, parties to the contract often use templates or forms with boilerplate clauses ( boilerplate language, used as standard language). Such clauses refers to the standardized clauses in contracts, and they are to be found towards the ...

5. Can a seller back out of a real estate contract? - AOL

   www.aol.com/finance/seller-back-real-estate...

   Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...

6. Principal (commercial law) - Wikipedia

   en.wikipedia.org/wiki/Principal_(commercial_law)

   v. t. e. In commercial law, a principal is a person, legal or natural, who authorizes an agent to act to create one or more legal relationships with a third party. This branch of law is called agency and relies on the common law proposition qui facit per alium, facit per se (from Latin: "he who acts through another, acts personally").

7. What does a real estate attorney do? - AOL

   www.aol.com/finance/does-real-estate-attorney...

   A real estate attorney hired to simply review and edit a contract might be had for around $500 or so, she says. In the Atlanta market Ailion serves, an attorney’s fee typically ranges from $550 ...