Contract (Real Estate)

In legal and real estate contexts, a contract is a binding agreement between two or more parties to do, or refrain from doing, a specific act. For a contract to be valid, it must contain four essential elements: parties who are legally capable of contracting, mutual...

Contingency

In real estate contracts, a contingency is a provision that makes the binding nature of the agreement dependent upon the occurrence of a specified event. Until the contingency is satisfied, the parties’ obligations under the contract are conditional and may allow one...

Constructive Notice

In real estate law, constructive notice is the legal concept that a person is presumed to have knowledge of certain facts or conditions affecting real property because they are recorded in the official public records, even if the person has no actual awareness of...

Constructive Fraud

In real estate and legal contexts, constructive fraud refers to a breach of legal or fiduciary duty that the law treats as fraudulent, even though there may be no intent to deceive. It commonly arises when a person in a position of trust, such as a real estate broker...

Constructive Eviction

In landlord-tenant law, constructive eviction occurs when a landlord’s actions or failure to act substantially interfere with a tenant’s right to quiet enjoyment of the leased premises, effectively forcing the tenant to vacate even though no formal eviction has taken...