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imputed notice |
Also found in: Legal | 0.02 sec. |
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imputed notice The concept that notice to one person will be considered notice to another in a special relationship to the first person.For example,notice to an attorney is the same as notice to the attorney's client.In circumstances allowing oral contracts (usually not the case with real estate),if a seller makes an offer and a buyer accepts that offer via a communication to the seller's agent,then the acceptance makes a binding contract as of that moment.The seller cannot withdraw the offer before actually learning of the acceptance,because the contract has already been formed when the agent received the notice. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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