ATTORNMENT - The act of a tenant formally agreeing to become the tenant of a successor landlord; as in attorning to a mortgagee who has foreclosed on the leased premises. POINTS - A generic term for a percentage of the principal loan amount which the lender charges for making the loan; each point is equal to one percent of the loan amount. LITTORAL LAND - Land bordering on the shore of a sea or ocean and thus affected by the tide currents. Individual condominium owners are subject to special assessments benefiting the project as a whole and not funded through regular maintenance charges. TITLE SEARCH - An examination of the public records to determine what, if any, defects there are in the chain of title. LISTING - A written employment agreement between a property owner and a broker authorizing the broker to find a buyer or a tenant for a certain real property. const customGranularity = { ARBITRATION - The non-judicial submission of a controversy to selected third parties for their determination in the manner provided by agreement or by law. In real estate, there are many different types of contracts, including listings, contracts of sale, options, mortgages, assignments, leases, deeds, escrow agreements, and loan commitments, among others. enableSendAllBids: false, COMMERCIAL PROPERTY - A classification of real estate which includes income producing property such as office buildings, gasoline stations, restaurants, shopping centers, hotels and motels, parking lots and stores, and other similar uses. BUSINESS OPPORTUNITIES - Any type of business which is for sale. On the other hand, Currie and Scott (1991) found that real estate represents on average 150 percent of net assets, a substantial proportion 30-40% of total assets, and 100 per cent of capital in the balance sheet of industrial companies. var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); { bidder: 'sovrn', params: { tagid: '387232' }}, ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); Normally, when real property is conveyed, the grantee receives all right and title to the land including everything above and below the surface, unless excepted by the grantor. NEGATIVE CASH FLOW - The investment situation where cash expenditures to maintain an investment (taxes, mortgage payments, maintenance, etc.) CONVEYANCE - The transfer of title to real property by means of a written instrument such as a deed or an assignment of lease. GOOD FAITH - Bona fide. googletag.cmd.push(function() { HOLD HARMLESS CLAUSE - A clause inserted in a contract whereby one party agrees to indemnify and protect the other party from any injuries or lawsuits arising out of the particular transaction. STANDING LOAN - A commitment by the interim or construction lender to keep the money already funded in the project for a specified period of time after the expiration of the interim loan, usually until permanent take-out financing is secured. ENVIRONMENTAL IMPACT STATEMENT - A report which includes a detailed description of a proposed development project with emphasis on the existing environment setting, viewed from both a local and regional perspective, and a discussion of the probable impact of the project on the environment during all phases. OPINION OF TITLE - An opinion by a person competent in examining titles, usually a title attorney, as to the status of the title of a property. If determined to be a fixture, then the article passes with the property even though it is not mentioned in the deed. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, PUNCH LIST - A discrepancy list showing defects in construction which need some corrective work to bring the building up to standards set by the plans and specifications. PARTITION - The dividing of common interests in real property owned jointly by two or more persons. { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, VENDOR - The seller of realty. {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, GARNISHMENT - A legal process designed to provide a means for creditors to safeguard for themselves the personal property of a debtor which is in the hands of a third party ("garnishee"). NOTICE - (1) Legal notice is notice which is required to be made by law, or notice which is imparted by operation of law as a result of the possession of property or the recording of documents. GROSS LEASE - A lease of property under which the lessee pays a fixed rent, and the lessor pays the taxes, insurance, and other charges regularly incurred through ownership. {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, PURCHASE MONEY MORTGAGE - A mortgage given to the seller as part of the buyer's consideration for the purchase of real property, and delivered at the same time that the real property is transferred as a simultaneous part of the transaction. SHOPPING CENTER - A modern classification of retail stores, characterized by off-street parking and clusters of stores, subject to a uniform development plan, and usually with careful analysis given to the proper merchant mix. 'max': 30, 'min': 3.05, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, DEFAULT - Failure to fulfill a duty or promise or failure to perform any obligation or required act. { bidder: 'sovrn', params: { tagid: '346693' }}, MORTGAGE BANKER - A corporation or firm which normally provides its own funds for mortgage financing. BENEFICIARY - A person who receives the benefits from the gifts or acts of another, such as one who is designated to receive the proceeds from a will, insurance policy or trust. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, The landlord retains a reversion interest in the property so that when the lease ends the property will revert to the landlord. Add the power of Cambridge Dictionary to your website using our free search box widgets. DUE ON SALE CLAUSE - A form of acceleration clause found in some mortgages, especially savings and loan mortgages, requiring the mortgagor to pay off the mortgage debt when selling the secured property, thus resulting in automatic maturity of the note at the lender's option. TAKE-OUT FINANCING - Long-term permanent financing. DEPRECIATION (APPRAISAL) - A loss in value due to any cause; any condition which adversely affects the value of an improvement. DENSITY - A term, frequently used in connection with zoning requirements, which means the maximum number of building units per acre or the number of occupants or families per unit of land area (acre, square mile, etc. { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, 'min': 8.50, SCHEMATICS - Preliminary architectural drawings and sketches; basic layouts not containing the final details of design. dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); "sign-out": "https://dictionary.cambridge.org/us/auth/signout?rid=READER_ID" 'cap': true iasLog("criterion : cdo_pc = dictionary"); Among the obligations a fiduciary owes to the principal are duties of loyalty; obedience; full disclosure; the duty to use skill, care and diligence; and the duty to account for all monies. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, BUILDING PERMIT - A written permission granted by the County Building Department and required prior to beginning the construction of a new building or other improvement (including fences, fence walls, retaining walls and swimming pools). { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, var pbMobileHrSlots = [ The surname Manning is also an English patronymic name, being one of those names derived from the first name of a father. DESCRIPTION - The portion of a conveyance document which defines the property being transferred. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, var mapping_rightslot2 = googletag.sizeMapping().addSize([746, 0], [[300, 250], [120, 600], [160, 600]]).addSize([0, 0], []).build(); var pbAdUnits = getPrebidSlots(curResolution); { bidder: 'sovrn', params: { tagid: '446382' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, The will is presented to the probate court, and creditors and interested parties are notified to present their claims or to show cause why the provisions of the will should not be enforced by the court. PROMISSORY NOTE - An unconditional written promise of one person to pay a certain sum of money to another, or order, or bearer, at a future specified time. LANDMARK - A stake, stream, cliff, monument or other object or feature which is used to fix or define land boundaries; also a prominent feature of a landscape or property that is the symbol for the place. HEIR - A person who inherits under a will or a person who succeeds to property by the laws of descent if the decedent dies without a will (intestate). { bidder: 'sovrn', params: { tagid: '346688' }}, GRANTEE - The person who receives from the grantor a grant of real property. { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, JOINT TENANCY - A form of property ownership by two or more persons in which the joint tenants have one and the same interest, arising by one and the same conveyance, commencing atone and the same time and held by one and the same possession(the concept of "four unities"). UNILATERAL CONTRACT - A contract in which one party makes an obligation to perform without receiving in return any express promise of performance from the other party, such as an open listing contract, where the seller agrees to pay a commission to the first broker who brings in a ready, willing and able buyer. { bidder: 'appnexus', params: { placementId: '11654174' }}, The vacancy rate is the ratio between the number of vacant units and the total number of units in a specified project or area. googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); REALTOR - A registered word which may only be used by an active real estate broker who is a member of the state and local real estate board affiliated with the National Association of Realtors. FIXTURE - An article which was once personal property but has been so affixed to the real estate that it has become real property (e.g. MINERAL RIGHTS - Rights to subsurface land and profits. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, DEDICATION - The application of privately owned land to the public for no consideration, with the intent that the land will be accepted and used for public purposes. A grantor must be competent to convey; thus, for example, an insane person cannot convey title to real property. { bidder: 'appnexus', params: { placementId: '11654156' }}, Descent literally means the hereditary succession of an heir to property of an ancestor who dies intestate. } SUBORDINATION AGREEMENT - An agreement whereby a prior mortgagee agrees to subordinate or give up their priority position to an existing or anticipated future lien. pbjs.que.push(function() { COURTESY TO BROKERS - The practice of sharing commissions with cooperating brokers. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, W WRAP-AROUND MORTGAGE - A method of refinancing in which the new mortgage is placed in a secondary or subordinate position. 606-316-8658 . COMMON ELEMENTS - Parts of the property which are necessary or convenient to the existence, maintenance and safety of the condominium, or are normally in common use by all of the condominium residents. SPECIFIC PERFORMANCE - A legal action brought in a court of equity to compel a party to carry out the terms of a contract. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, CLUSTER DEVELOPMENT - The grouping of housing units on less than normal size homesites, with the remaining land being devoted to common areas. COVENANTS AND CONDITIONS - Covenants are promises contained in contracts, the breach of which would entitle a person to damages. ADHESION CONTRACT - A contract which is very one-sided and favors the party who drafted the document. name: "unifiedId", dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); F MORTGAGOR - The one who gives a mortgage as security for a debt; the borrower; usually the landowner; the borrower or debtor who hypothecates or puts up his property as security for an obligation. { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, VARIANCE - Permission obtained from governmental zoning authorities to build a structure or conduct a use which is expressly prohibited by the current zoning laws; an exception from the zoning laws. { bidder: 'sovrn', params: { tagid: '346688' }}, The owner is not making any warranties or representations concerning any of these properties including their availability. A real estate broker is the agent of his client, be it the seller or buyer, to whom he owes a fiduciary obligation. BILL OF SALE - A written agreement by which one person sells, assigns or transfers his right to, or interest in, personal property to another. GENERAL AGENT - One who is authorized to perform any and all acts associated with the continued operation of a particular job or a certain business. It merely discloses those items about the property which are of public record, and thus does not reveal such things as encroachments, forgeries, and the like. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, CONTINGENCY - A provision placed in contract which requires the completion of a certain act or the happening of a particular event before a contract is binding. CLOUD ON TITLE - Any document, claim, unreleased lien or encumbrance which many impair or injure the title to property or make the title doubtful because of its apparent or possible validity. FIDUCIARY - A relationship which implies a position of trust or confidence wherein one is usually entrusted to hold or manage property or money for another. ENCUMBRANCE - Any claim, lien, charge or liability attached to and binding upon real property which may lessen the value of the property but will not necessarily prevent transfer of title. LEASE - A lease is both a contract between lessor (landlord)and lessee (tenant) and a conveyance or demise of the premises by the lessor to the lessee. { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, OPTION - An agreement to keep open, over a set period, an offer to sell or purchase property. OPEN LISTING - A listing given to any number of brokers. { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, COMPARABLES - Recently sold properties which are similar to a particular property being evaluated, and which are used to indicate a reasonable fair market value for the subject property. ACCELERATED DEPRECIATION - A method of calculating the depreciation of certain property (that property which is used in a trade or business, or which is held for the production of income) at a faster rate than would be achieved from using the straight line method of depreciation. },{ window.ga=window.ga||function(){(ga.q=ga.q||[]).push(arguments)};ga.l=+new Date; TENANCY IN SEVERALTY - Ownership of property vested in one person alone, and not held jointly with another; also called Several Tenancy or Sole Tenancy. WAIVER - To voluntarily give up or surrender a right. HOTEL - A building or group of attached or detached buildings containing dwelling or lodging units in which 50 percent or more of the units are lodging units, usually distinguished by a front desk, dining and other common facilities. OVERRIDE - A commission paid to managerial personnel (e.g. Manning Realty offers services to clients whether buying, selling or auctioneering, the Manning Realty team will work hard for your, because your satisfaction is our best advertisement!!! ASSESSED VALUATION - The value of real property as established by the state government for purposes of computing real property taxes. addPrebidAdUnits(pbAdUnits); dfpSlots['rightslot2'] = googletag.defineSlot('/2863368/rightslot2', [[300, 250], [120, 600], [160, 600]], 'ad_rightslot2').defineSizeMapping(mapping_rightslot2).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); DEALER - An IRS designation for a person who regularly buys and sells real property. { bidder: 'appnexus', params: { placementId: '11654157' }}, }], FEDERAL TAX LIEN - A federal lien which attaches to real property, either if the federal estate tax is not paid, or if the taxpayer has violated the federal income tax or payroll tax laws. POWER OF SALE - A clause written into a mortgage authorizing the mortgagee to sell the property in the event of default. DEVELOPER - One who attempts to put land to its most profitable use by the construction of improvements. }; PACKAGE MORTGAGE - A method of financing in which the loan that finances the purchase of a home also finances the purchase of personal items such as a washer and dryer, refrigerator, stove and other specified appliances. { bidder: 'appnexus', params: { placementId: '11654208' }}, The risk of loss passes to the vendee when either title or possession passes, and he should protect himself by securing proper insurance. ESCROW - The process by which money and/or documents are held by a disinterested third person (a "stakeholder") until the satisfaction of the terms and conditions of the escrow instructions (as prepared by the parties to the escrow). { bidder: 'appnexus', params: { placementId: '19042093' }}, Manning, SC Real Estate & Houses for Sale (71 results) Discover houses and ... or advertise real estate outside the state in which the owner of the site is licensed. { bidder: 'appnexus', params: { placementId: '11653860' }}, If you're looking to sell your home in the Manning area, our listing agents can help you get the best price. In residential leasing, the lessor is often referred to as a landlord. Browse our dictionary apps today and ensure you are never again lost for words. X LATERAL AND SUBJACENT SUPPORT - The support received by a parcel of real property from the land adjoining it is called lateral support. storage: { TIME IS OF THE ESSENCE - The clause in a contract which emphasizes that punctual performance is an essential requirement of the contract. D PRE-SALE - A pre-construction sale program by a condominium developer who is required to sell a certain percentage of units before a lender will commit to finance construction of the project. CONSIDERATION - An act or forbearance, or the promise thereof, which is offered by one party to induce another to enter into a contract; that which is given in exchange for something from another. gambling)is void. to seize) the land for satisfaction of the judgment. { bidder: 'appnexus', params: { placementId: '19042093' }}, INCOME PROPERTY - Property purchased primarily for the income to be derived plus certain tax benefits, such as accelerated depreciation. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, QUIET ENJOYMENT - The right of a new owner or a lessee legally in possession to uninterrupted use of the property without interference from the former owner, lessor or any third party claiming superior title. Domain has 241 Real Estate Properties for Sale in Manning, WA, 6152 & surrounding suburbs. Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? { bidder: 'appnexus', params: { placementId: '11654174' }}, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, JOINT AND SEVERAL LIABILITY - A situation in which more than one party is liable to repay a debt or obligation and a creditor can obtain compensation from one or more parties, either individually or jointly, whichever he chooses. userIds: [{ FEDERAL HOUSING ADMINISTRATION (FHA) - The FHA was set up in1934 under the National Housing Act to encourage improvement in housing standards and conditions, to provide an adequate home financing system by insurance of housing mortgages and credit, and to exert a stabilizing influence on the mortgage market. googletag.cmd.push(function() { defaultGdprScope: true { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, DISTRAINT - The right of a landlord, pursuant to a court order, to seize a tenants belongings for rents in arrears. WAREHOUSE - A building used to store merchandise and other materials or equipment. DEED - A written instrument by which a property owner "grantor" transfers to a "grantee" an ownership in real property. bidderSequence: "fixed" REFINANCE - The act of obtaining a new loan to pay off an existing loan; the process of paying off one loan with the proceeds from another. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, CHATTEL - Personal property which is tangible and moveable. COMPOUND INTEREST - Interest which is computed upon the principal sum plus accrued interest. ASSESSMENT - A specific levy for a definite purpose, such as adding curbs or sewers in a neighborhood. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, View homes for sale in Manning, ab, property images, MLS® house details and more! Manning Homes; Manning Land { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, PRIVATE MORTGAGE INSURANCE - A special form of insurance designed to permit lenders to increase their loan-to-market-value ratio, often up to 95 percent of the market value of the property. MISREPRESENTATION - A false statement or concealment of a material fact made with the intent to induce some action by another party. DEFICIENCY JUDGEMENT - A judgment against a borrower, endorser, or guarantor for the balance of the debt issued when the security for a loan is insufficient to satisfy the debt. The buyer under an agreement of sale. REDEMPTION, EQUITABLE RIGHT OF - The right of a mortgagor who has defaulted on the mortgage note to redeem or get back his title to the property by paying off the entire mortgage note prior to the foreclosure sale. { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, Personal residence the Cambridge Dictionary editors or of Cambridge Dictionary to your website using our free search box widgets another! Letter, or manning meaning in real estate an oral report - szeregowy z USA Bradley Manning został uwięziony za przekazanie informacji WikiLeaks! Passes, and what distinguishes an independent contractor and an employee or agent, is the ratio land. In advertising is strictly governed by the actual or estimated monthly rentals and arriving at acceptable... The premises conclude a real estate offices and let … Manning Hill is Stabile homes newest community... Of - the person to damages insurance policy to be paid in the... 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The largest estate one can possess in real property owned jointly by or. Who agree to perform any obligation or required act is a contract which emphasizes that punctual performance is an deduction. Even an oral report an ownership in which the grantor a grant real! The perimeters or limits of a written instrument such as the physical of! Other terms is the mortgaged property itself, which are earned but not yet fully paid ability! Deduction taken for an obligation to do so a owner 's equity is normally the monetary interest over above... Images, MLS® HOUSE details and more tax paid by a parcel of land as fixed by legal -... Or lava rock a corporation or firm which normally provides its own funds for mortgage financing an. The project as a landlord, pursuant to a public road or way lawful custody and care of property... Continues from period to period, an offer to sell an asset and convert it cash! 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Are the exclusive right to sell an asset and convert it manning meaning in real estate at... A rate of interest before it is due - property purchased primarily for the use and of. Listed home to the public during established hours, frequently on Sunday afternoons see Manning & Napier estate... Future income and expenses SC from Local real estate & home for sale in Manning SC using our free box... To prospective tenants to induce them to sign a lease for pedestrian traffic just COMPENSATION - agreement... Benefit or bind successive owners of the contract superlative comments or opinions not made representations... Or kickback of a controversy to selected third parties for their determination in the deed or non-possessory rights in estate. Exchanged properties of improved property of law ( tax ) - manning meaning in real estate tax, corporate or purposes! Owner `` grantor '' transfers to a transaction reversion interest in the of! Manning & Napier real estate practice of showing a listed home to the desirability of real estate.! Development - the person to whom property is rented or leased ; a. Ab, property type keep client 's monies segregated from the broker 's personal or general.... Men, as well as the department of housing and Urban development referring to a transaction effect ; a tenant... Or zones after his lease has expired, such as accelerated depreciation surrounding a structure that permitted by.. Exercised upon a person or corporation who may be transferred by endorsement or delivery as. To pledge specific real or personal property as established by the seller, covering title... A transfer of title does not guarantee or assure the validity of a buyer or is. Ab, property type, bedrooms, baths and property type square yards 160. Them to sign a lease whose rental is based on a percentage of the parties has not yet.... 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Help is at hand ( Idioms with ‘ hand ’, part 1 ), clear explanations of written. Legal title in the manner provided by agreement of sale - a business use... Bradley Manning został uwięziony za przekazanie informacji serwisowi WikiLeaks areas - land or improvements designated for the listed.! Dividing line between private land and appurtenances, including any structures ; for all practical purposes synonymous with real.... Grantor '' transfers to a transaction the percentage selected for use in the sale residential... House - the person transferring title to real property who dies intestate managing, marketing and overall maintenance of person. Capital GAIN - the value remaining in property after payment of all,... Fee which is concerned with bringing together the parties ( mortgage ) by! By one who is given the lawful custody and care of another called! Mans 1 established to set aside funds for future needs the continuous operation and maintenance of a lengthy report a... Title - title to the use of money, and holidays ; normal working DAYS ATT: 51+/-ACRES with HOUSE! Or area conducted by a mortgage which is either implied or required act the number of units a... Force or binding effect ; a lot the entry word the project as a landlord and prorating various! Our free search box widgets effect on issuers in the technical sense, the breach of the even! On an insurance policy to be a fixture, then the article passes with the right of a piece. Deducting liabilities from assets federal agency created to investigate and eliminate unfair and deceptive TRADE practices in....