Answer:
the motivation and manifestation of cultural expression.
Explanation:
What is forefeiture terms in real estate?
Answer:
that the tenant can be evicted and forfeit all moneys paid if he/she fails to exercise the option.
Explanation
Forfeiture terms in "option to buy contract/agreement " in real estate simply means a seller (optionor)will recover the right to the ownership of his property from the buyer (optionee), if the optionee failed to buy or purchase outrightly on a land installment contract, before the expiration of the option terms.
It can also referred to the requirements by the party that breach the agreement (in this explanation, that is optionee) to forfeit or lose the ownership of an asset, as compensation for the resulting loss to the other party (optionor).
Hence,the tenant/optionee can be evicted and forfeit all moneys paid if he/she fails to exercise the option.
I believe since Reno, NV 7.53 is in a dessert it would most likely be your answer that you're looking for.
<span />
