Meaning of the word: Contractual penalty
Contractual penalty is a penalty that is listed directly in the contract between the client and the bank institutions. As for sanctions, the bank may require the compensation for breach of conditions and client must pay it. The purpose of the penalty is mainly preventive.back to dictionary >
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Real estate on credit
Real estate on credit is a type of realty, which was taken, or at least reconstructed from the loan. Property loans are mortgage loans, client…go to the dictionary >
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