Definition: A meeting of the minds; a mutual assent of the parties to the formation of the contract Pronunciation: \ˈmyü-chə-wəl\ \ə-ˈsent, a-\ Used in a Sentence: The buyer and seller reached mutual assent on the sale/purchase of the property and were able to execute a..
Category : M
Definition: a transactional agreement between Florida and another state that provides for the two states to recognize each other’s real estate license education. Pronunciation: \ˈmyü-chə-wəl\ \ˌre-kig-ˈni-shən\ \ə-ˈgrē-mənt\ Used in a Sentence: Florida and Connecticut have a mutual recognition agreement for real estate ..