Define: Property Disposition

How is Property Disposition defined in a legal contract?

• Property Disposition means any action, whether voluntary or involuntary, that involves selling, transferring, swapping, or losing any oil and gas properties. Such actions might include granting a secured interest or any other form of disposal. Seen in 5 SEC filings
• Property Disposition means the sale, transfer, or other form of disposition of any property. This includes direct or indirect actions and can refer to whole properties or portions thereof. Seen in 1 SEC filing
• Property Disposition means the sale of any real property, either in whole or in part, to any party by the owner. Seen in 1 SEC filing
• Property Disposition means the sale or other disposal of equipment or real estates in accordance with the terms allowed by relevant transaction documents. Seen in 1 SEC filing
• Property Disposition means the sale or other constitutionally permitted disposal of property or business assets, including any post-agreement sale. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of property disposition' yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

• Property Disposition means any voluntary or involuntary action of selling, transferring, or disposing of any business property.

Relevant Contract Types

• Real Estate Purchase Agreement
• Asset Purchase Agreement
• Commercial Lease Agreement

Relevant Circumstances

• During sale of a company's assets
• During liquidation of a company
• During transfer of property ownership

Relevant Sectors

• Real Estate
• Business Services
• Manufacturing

‍

Genie Definition 2

• Property Disposition means the act of losing or granting a secured interest in any business property.

Relevant Contract Types

• Security Agreement
• Loan Agreement
• Mortgage Agreement

Relevant Circumstances

• In the event of foreclosure
• During acquisition of a security interest in a property
• In the process of restructuring a loan agreement

Relevant Sectors

• Banking
• Finance
• Real Estate

‍