What does net mean in Singapore?
Network for Electronic Transfers, colloquially known as NETS, is a Singaporean electronic payment service provider.
What does net buyers price mean?
Net price is defined as the actual price the buyer will pay following any discount or promotion. In most cases, few products will sell for the list price. Instead, they’ll sell for the net price—taking into account price reductions for wholesale channels, sales promotions, and other deals.
What are express vs implied terms?
Implied terms are subject to trust from both parties in a business contract. Whereas express terms are specifically outlined and acknowledged by both sides. Express contracts are easier to enforce than implied ones.
What does CS mean in real estate?
CS – Coming Soon: At the Seller’s request a property may be entered into the Coming Soon Status.
What is the time of the essence clause in Singapore?
Time of the essence, on the other, refers to a time obligation representing a condition such that, if breached, the innocent party will be entitled to terminate the contract. Notably this was the first time the Singapore Courts had considered the question of implied terms to proceed with due diligence and expedition.
What is innocent misrepresentation?
Innocent misrepresentation: a representation that is neither fraudulent nor negligent. The remedies for misrepresentation are rescission and/or damages. For fraudulent and negligent misrepresentation, the claimant may claim rescission and damages.
What is the biggest real estate agency?
The largest real estate company in the world is Keller Williams Realty, with a revenue of $381.4 billion. As of 2023, the global real estate industry has a market size of $4.4 trillion.
What is the difference between open listing and exclusive agency?
What Does ‘Exclusive’ Mean on a Real Estate Listing? The word exclusive indicates that the listing for the property is being handled by a single agent. No other agent can show the property or negotiate a sale. If it is an open listing, any agent can show the property and negotiate a deal.
What is the concept of NNN?
No Nut November, often abbreviated to NNN, is an annual internet challenge of male sexual abstinence during the month of November.
What are the advantages of NNN?
A triple net lease is a steady and consistent revenue stream. A triple net lease involves less management hassle since utility expenses, repair costs, taxes, and any property management costs and issues are the responsibilities of the tenant. This leaves the landlord more time to focus on their primary business.
What does it mean to be a net buyer?
As Barber and Odean (2008) explained, net buyers are investors who buy rather than sell stocks that catch their attention, and attention-grabbing stocks refer to equities that have captured investors’ eyes.
What is an example of an implied term?
Implied terms If there’s nothing clearly agreed between you and your employer about a particular issue, it may be covered by an implied term – for example: employees not stealing from their employer. your employer providing a safe and secure working environment.
What’s the difference between express and implied terms?
In an express contract, words, either written or verbal, are used to bring the contract to fruition, whereas an implied contract comes into existence as the result of actions.
What is C sold?
When a property for sale becomes conditionally sold (C/S), this implies that the sellers have accepted an offer from a buyer conditional upon the seller and/or buyer being able to fulfill certain set out conditions.
What is considered an implied contract?
An implied contract is a legally-binding obligation that derives from actions, conduct, or circumstances of one or more parties in an agreement. It has the same legal force as an express contract, which is a contract that is voluntarily entered into and agreed on verbally or in writing by two or more parties.
What does MLB stand for?
abbreviation for Major League Baseball: the main organized group of U.S. baseball teams that have players that are paid for playing.
Is NYC a buyer or seller market?
New York is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
What is Clause 40 in the listing agreement?
Clause 40(a) The provision requires a company to maintain on a continuous basis, the public shareholding of at least 25% of the total number of issued shares of a class or kind, for every such class or kind of its shares which are listed.
What is the difference between absolute net and NNN?
While other expense structures require the landlord to pay for some or all the building expenses, absolute net leases require the tenant to pay these expenses directly. Triple net leases, or NNN leases for short, are similar to Abs NNN leases in that they require no landlord responsibilities.
What do you mean by leveraged lease?
A leveraged lease is a lease agreement that is financed through the lessor with help from a third-party financial institution. In a leveraged lease, an asset is rented with borrowed funds.
