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    #1

    the original provision

    How would you understand, If one said " the provision in the draft"? I would very much appreciate an explanation in plain english? I understand what "draft" means in this contex. But the whole thing, search me!

    • Member Info
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    #2

    Re: the original provision

    Quote Originally Posted by Gillnetter View Post
    In a document there are sentences that instruct those affected by the document as to what to do or what is required. For example, one of the provisions in a standard offer to purchase property document is the phrase, "Both parties agree that an appraisal, by an independent appraiser, be made and the loan the buyer will get is contingent upon the property appraising for at least the price offered in this Agreement." Another example of a provision is, "As a condition of this lease the renter shall pay the monthly rent by no later than the third day after the first of each month."

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