Legal Glossary
Bank Guarantee
Definition
A letter of undertaking from the bank that the purchase price of the property will be paid upon its registration in the deeds office.
A letter of undertaking from the bank that the purchase price of the property will be paid upon its registration in the deeds office.
Legal tips and updates straight to your inbox.
By subscribing, you consent to receiving the WiseUp Newsletter from LegalWise. We will handle your information in accordance with our Privacy Policy.