Definition of legislative. 1  1a : having the power or performing the function of legislatingb : belonging to the branch of government that is charged with such powers as making laws, levying and collecting taxes, and making financial appropriations â compare executive, judicial.
The purchase agreement is contingent on the buyer's approval of this report and any other matters affecting the title. The preliminary title report lists liens and other encumbrances on the property, as well as any defects in the seller's chain of title discovered during the title search.
Answer Wiki. Active Contingent means that the seller has accepted an offer from a buyer, but the buyer made their offer contingent on the sale of the buyer's other home. So, say Mr. and Mrs. Taylor own 123 Main Street. They would like to sell 123 Main Street and buy another home. The tour 456 Congress Street, owned my Mr. Smith.