What does coterminous mean in a contract?
Just as the name implies, a coterminous lease or contract is when multiple contractual agreements are structured to terminate simultaneously. In the context of a lease, this means that you structure secondary leases to end in tandem with preexisting contracts for a cleaner cut-off point.
What does coterminous mean in real estate?
What Does Coterminous Mean? Coterminous loans refers to a supplemental loan with a maturity date that is the same as a senior debt, or an original loan. Coterminous is most often used to describe mortgage loans, such as those for residential and commercial borrowers.
What is etymology of contumacious?
The Latin adjective contumax means “rebellious,” or, in specific cases, “showing contempt of court.” Contumacious is related to contumely, meaning “harsh language or treatment arising from haughtiness and contempt.” Both contumacious and contumely are thought to ultimately come from the Latin verb tumēre, meaning “to …
How do you remember contumacious?
Mnemonics (Memory Aids) for contumacious CONTUMACEOUS = CONDOM + USE = WHEN SHE SAID, HE IS RECALCITRANT NOT TO USE.
How do I check the status of a contractor’s license?
Enter the Contractor Business Name to check the status of their license. SEARCH TIPS. If you cannot find the license by using the business name, and it contains a first and last name, type the last name first. For example: If the name is “John Smith Construction” type “Smith John Con”.
How to verify a license issued by the Department of Consumer Affairs?
Use this online search tool to verify a license issued by the Department of Consumer Affairs (DCA) for the professions listed under license type. Each license record will reflect if a license is current, expired, or has been subject to disciplinary action like suspension or revocation.
What does coterminous mean in law?
In plain English, coterminous means something that has the same extent or scope as something else In legal terms, coterminous can represent a legal obligation that ends with another, runs at the same time, or for the same duration as another
What is a synonym for coterminous?
Here is a short list of synonyms related to the word coterminous: 1 Alongside. 2 Back-to-back. 3 Coexistant. 4 Coextensive. 5 Coincident. 6 Concurrent. 7 Contemporaneous. 8 Contemporary. 9 Contiguous. 10 Ensuing.