Acceptance
Voluntary agreement to an offer. (1) Real property acceptance must be unequivocal See: Mirror Image Rule. (2) Acceptance for goods, according to the Uniform Commercial Code, need not be unequivocal. Offer, acceptance, and consideration form a contact.
More Real Estate Definitons
Scratch CoatGeneral PowerLateralKeystoneBuyer’s BrokerWaiverDeliveryRate IndexSumpSea LevelX-BracingJerry-BuiltBuy-Sell OfferPass ThroughTaxKeene'S CementBelt HighwayCurtain WallYardLight IndustryImproved LandOpen listingOn RailKilometerZoneSecond FootInterestARM'S LengthDovetail JointWeep HolesAgencyAbc SoilRegisterViolationLobbyUnderwritingLong-Life PartsCondemnationConcreteTenementsNet LossAccrue