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A letter of credence (French: Lettre de créance, [lɛtʁ də kʁeɑ̃s]) is a formal diplomatic letter that designates a diplomat as ambassador to another sovereign state. Commonly known as diplomatic credentials , the letter is addressed from one head of state to another, asking them to give credence ( French : créance ) to the ambassador's ...
A collective note is a letter delivered from multiple states to a single recipient state. It is always written in the third person. [6] The collective note has been a rarely used form of diplomatic communication due to the difficulty in obtaining agreements among multiple states to the exact wording of a letter. [7]
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
Sometimes this proof (or a copy of it) is held by a third, trusted party. While in some cases a credential may be as simple as a paper membership card, in other cases, such as diplomas, it involves the presentation of letters directly from the issuer of the credential its faith in the person representing them in a negotiation or meeting.
A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
A real estate contract typically does not convey or transfer ownership of real estate by itself. A different document called a deed is used to convey real estate. In a real estate contract, the type of deed to be used to convey the real estate may be specified, such as a warranty deed or a quitclaim deed. If a deed type is not specifically ...
Image 1: After a contract is concluded between a buyer and a seller, the buyer's bank supplies a letter of credit to the seller. Image 2: The seller consigns the goods to a carrier in exchange for a bill of lading. Image 3: The seller provides the bill of lading to the bank in exchange for payment. The seller's bank then provides the bill to ...