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2. Pierringer release - Wikipedia

   en.wikipedia.org/wiki/Pierringer_release

   Pierringer release. A Pierringer release or Pierringer Agreement is a type of settlement agreement. In law, a settlement is a resolution between disputing parties about a legal case that is reached either before or after court action begins. The origin of the case is the Wisconsin tort law case of Pierringer v. Hoger.

3. Accord and satisfaction - Wikipedia

   en.wikipedia.org/wiki/Accord_and_satisfaction

   Accord and satisfaction. Accord and satisfaction is a contract law concept about the purchase of the release from a debt obligation. It is one of the methods by which parties to a contract may terminate their agreement. The release is completed by the transfer of valuable consideration that must not be the actual performance of the obligation ...

4. Legal release - Wikipedia

   en.wikipedia.org/wiki/Legal_release

   Legal release. A legal release is a legal instrument that acts to terminate any legal liability between the releasor and the releasee (s), signed by the releasor. A release may also be made orally in some circumstances. Releases are routinely used by photographers, in film production, by documentary filmmakers, or by radio and music producers ...

5. Quitclaim - Wikipedia

   en.wikipedia.org/wiki/Quitclaim

   t. e. Generally, a quitclaim is a formal renunciation of a legal claim against some other person, or of a right to land. [1] A person who quitclaims renounces or relinquishes a claim to some legal right, or transfers a legal interest in land. [2] Originally a common-law concept dating back to Medieval England, the expression is in modern times ...

6. Consent decree - Wikipedia

   en.wikipedia.org/wiki/Consent_decree

   Consent decree. A consent decree is an agreement or settlement that resolves a dispute between two parties without admission of guilt (in a criminal case) or liability (in a civil case). Most often it is such a type of settlement in the United States. [1][2] The plaintiff and the defendant ask the court to enter into their agreement, and the ...

7. Closing (real estate) - Wikipedia

   en.wikipedia.org/wiki/Closing_(real_estate)

   The closing (also called the completion or settlement) is the final step in executing a real estate transaction. It is the last step in purchasing and financing a property. [1] On the closing day, ownership of the property is transferred from the seller to the buyer. In most jurisdictions, ownership is officially transferred when a deed from ...