CFR > Title 48 > Chapter 5 > Subchapter F > Part 536 > Subpart 536.71 – Construction-Manager-as-Constructor Contracting
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Terms Used In CFR > Title 48 > Chapter 5 > Subchapter F > Part 536 > Subpart 536.71 - Construction-Manager-as-Constructor Contracting
- Contract: A legal written agreement that becomes binding when signed.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.