Glossary
Property Law and Conveyancing Glossary
Glossaries
| Term | Definition |
|---|---|
| Waiver | This is a document signed by a beneficiary in which he/she renounces a benefit which devolves (passes) to him/her from the estate of the deceased. If it is a bequest in terms of a will, it can be said that he/she has repudiated the bequest. |
| Waiver of Lien | A legal document where a contractor waives his common law right to hold control over a property if he is not paid in full. |