Commisions Flashcards
1
Q
Lis pendens
A
refers to a pending lawsuit on a particular piece of property.
2
Q
A lien
A
is the claim made by a creditor against real or personal property pledged by a debtor as collateral
3
Q
Commercial Real Estate Sales Commission Lien Act
A
gives a broker lien rights if their commission isn’t paid
Applies to personal property
whereas a residential lien right would apply exclusively to real property.
4
Q
per se violations
A
acts that are considered inherently illegal
5
Q
market or customer allocation
A
A violation of antitrust law in which competitors agree to portion the market amongst
6
Q
A
7
Q
A
