Corporation

In real estate terminology, corporation is a group or body of persons established under law and treated by law as an individual "person" with rights and liabilities similar to those of an individual although this legal unit is both distinct and apart from the rights and liabilities of those persons composing it.


A corporation has certain posers and duties of a natural person, and it may continue for any length of time the law prescribes.
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NEARBY WORDS

Conversion Convey Corporation Courtesy Covenant