Real Estate Transactions Vocabulary

1 words in this vocabulary list

noun adpromissores - a Latin term referring to guarantors or sureties who promise to fulfill a debt or obligation if the primary debtor fails to do so

  • The adpromissores are responsible for guaranteeing the fulfillment of the contract terms.
  • The adpromissores have to make sure the contract is fulfilled.
  • Those adpromissores better hold up their end of the deal.
  • The adpromissores act as the safety net for the contract.