Difference Between Satisfaction And Satisfactory In Collin

State:
Multi-State
County:
Collin
Control #:
US-00191
Format:
Word; 
Rich Text
Instant download

Description

The document titled "Notice of Satisfaction" serves to acknowledge that all conditions specified in the Escrow Agreement have been met, although certain outstanding liens remain, which are to be released upon payment. This form captures a key legal distinction: "satisfaction" indicates complete fulfillment of obligations, while "satisfactory" refers to an acceptable or adequate level of completion. The form includes instructions for the escrow agent to disburse funds on behalf of the seller after confirming the satisfaction of conditions. Key features include a space for signatures, a date field, and the identification of involved parties. It is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants who handle real estate transactions or escrow agreements, as it provides a clear method for documenting and authorizing the disbursement of funds while addressing existing liens. Users are encouraged to fill in the specific parties and details, following the guidelines for clarity and organization. This document emphasizes the importance of precise language in legal contexts and provides a structured approach to managing escrow agreements.
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FAQ

An act of satisfying; fulfillment; gratification. 2. the state of being satisfied; contentment. 3. the cause or means of being satisfied.

Good or good enough for a particular need or purpose: a satisfactory outcome/result/solution. a satisfactory performance/progress.

Satisfactory. The doctor has viewed your results and has indicated that they are happy with the result. The laboratory may have marked your result as abnormal, but this is because it is just outside of the laboratory normal range.

"Satisfactory" means that something is adequate, or acceptable. Whereas "satisfying" means that something meets your needs or requirements and has positive associations.

1. adequate or suitable; acceptable. a satisfactory answer. 2. giving satisfaction.

Good or good enough for a particular need or purpose: The teachers seem to think his work is satisfactory. We hope very much to find a satisfactory solution to the problem.

If something's satisfactory it's okay — acceptable, but maybe not great.

Adequate, fair to middling, passable, tolerable. about average; acceptable. all right, fine, hunky-dory, o.k., ok, okay. being satisfactory or in satisfactory condition. alright.

At the conclusion of any regular semester (fall or spring) students are considered in Good Standing when their overall and semester grade point averages are both 2.0 or above.

Students must maintain a cumulative (Financial Aid) GPA of at least a 2.0. Students must complete 67% or more of the coursework they attempt (cumulative), and. A maximum time frame in which a student must complete his or her educational program, (known as the 150% rule).

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Difference Between Satisfaction And Satisfactory In Collin