Real Estate Agreements

noun a mutual understanding or arrangement

adjective pertaining to or characterized by agreement

• The two parties reached a mutual agreement on the terms of the contract.
• We finally agreed on a plan for the weekend getaway.
• Let's make a deal and shake on it, agreement?
• Sometimes silence can be a silent agreement between two people.

noun a noun referring to the act of indemnifying or the state of being indemnified, which means to secure against legal liability or loss

• The contract includes a clause for indemnification in case of any legal claims.
• Make sure you read the fine print for any indemnification details before signing the agreement.
• I've got your back, consider it an indemnification against any trouble.
• Her kindness served as an indemnification for the harshness of the world.

noun a condition or stipulation in a document or agreement

• The contract includes a proviso stating that all payments must be made within 30 days.
• Just a heads up, there's a proviso that we have to finish the project by next Friday.
• Hey, remember the proviso about not bringing outside food into the theater.
• In life, there's always a proviso that success comes with hard work and dedication.

adverb relating to a contract or contracts; according to the terms of a contract

• The terms of the agreement are contractually binding.
• We are contractually obligated to finish the project by next week.
• I can't hang out tonight, I'm contractually committed to studying.
• Their love was contractually sealed with a kiss.

noun a provision or exception in a contract or agreement that allows for certain terms to be excluded or separated from the rest of the document

• The carve-out provision in the contract allows for certain assets to be excluded from the sale.
• Hey, did you hear about the carve-out in the deal? They're keeping the office building separate.
• I heard they're doing a carve-out of the tech division to focus on their core business.
• Sometimes you have to carve-out time for yourself in order to avoid burnout.

noun a word that represents a person, place, thing, or idea

• The insurance policy allows for additional insureds to be added for an extra fee.
• You can add more people to the insurance policy as additional insureds if needed.
• Hey, don't forget to throw in some extra insureds on that policy.
• Just like adding extra toppings to a pizza, you can add additional insureds to your insurance policy for more coverage.