by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, an Executory Contract is an agreement in which one or both parties still have obligations to perform. Although the contract has been formed and is legally binding, it has not yet been fully completed. Purchase agreements, leases prior to possession,...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate and estate law, an Executor is a person named in a will to carry out the instructions of the deceased regarding the management and distribution of their estate. This includes handling real property, paying debts and taxes, and transferring title to...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate and legal contexts, Execute means to complete or carry out an act or obligation. When referring to documents, to execute a deed or contract means to properly sign and complete it, and in the case of a deed, this also includes delivery so that it becomes...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate leasing, an Exculpatory Clause is a provision in a lease that limits or relieves the property owner or landlord from liability for certain acts or omissions. These clauses are often used to protect the owner from claims related to injuries or damages...
by Ethan Atkinson | Feb 4, 2026 | A-E, PropertyPedia, Real Estate
In real estate, an Exclusive Right to Sell is a listing agreement in which the broker is guaranteed a commission if the property is sold during the term of the contract. This applies regardless of who actually finds the buyer, whether it is the broker, another agent,...
