The intentional or voluntary relinquishment of a known claim or right.
(1) A Buyer's on-site inspection of the property being purchased, just prior to closing.
(2) A detailed inspection of a new construction home, in which punch list and cosmetic items are addressed, prior to final acceptance.
A type of deed that contains express assurances about the legal validity of the title being transferred.
These terms and their presence on this site are not intended as, nor should they be used as, legal advice. You should always obtain advice from a licensed attorney for all legal matters.