abatement for deficiency

简明释义

因缺陷而降低价格

英英释义

例句

1.The landlord agreed to a rent reduction as an abatement for deficiency in heating during the winter months.

房东同意在冬季供暖不足的情况下，进行租金减免作为缺陷减免。

2.The city provided an abatement for deficiency in building permits for projects that faced delays.

市政府对面临延误的项目提供了建筑许可证的缺陷减免。

3.Homeowners can request an abatement for deficiency if their property taxes are based on inaccurate assessments.

如果房产税基于不准确的评估，业主可以请求缺陷减免。

4.The court ruled that the tenant was entitled to an abatement for deficiency due to the lack of essential services.

法院裁定，由于缺乏基本服务，租户有权获得缺陷减免。

5.After discovering plumbing issues, the homeowner sought an abatement for deficiency from the contractor.

在发现管道问题后，业主向承包商寻求缺陷减免。

作文

In the realm of law and finance, the term abatement for deficiency refers to a reduction or decrease in the amount owed due to a shortfall in value or performance. This concept is particularly significant in real estate transactions, where the property does not meet the expected standards or conditions outlined in a contract. For example, if a buyer purchases a house expecting it to be in pristine condition but discovers significant structural issues after the purchase, they may seek an abatement for deficiency to reduce the price they paid or to receive compensation for repairs. This legal remedy serves to protect buyers from unfair losses and ensures that sellers are held accountable for the representations they make about their properties.Understanding the implications of abatement for deficiency is crucial for both buyers and sellers in real estate transactions. Buyers must conduct thorough inspections and due diligence before finalizing a purchase to identify any potential deficiencies. If deficiencies are found, they should document them meticulously and communicate with the seller to negotiate a fair resolution. On the other hand, sellers must be transparent about the condition of their property to avoid legal repercussions and maintain their reputation in the market. Failing to disclose known issues can lead to disputes and claims for abatement for deficiency, which could result in financial losses and damage to their credibility.Moreover, the principle of abatement for deficiency extends beyond real estate. It can apply to various contracts and agreements where one party fails to deliver what was promised. In service contracts, for instance, if a contractor does not complete a project as specified, the client might seek an abatement in payment based on the deficiency in service provided. This principle underscores the importance of fulfilling contractual obligations and the consequences that arise when those obligations are not met.In addition to its legal significance, abatement for deficiency also highlights the broader ethical considerations in business practices. Companies must strive to provide value and meet customer expectations; otherwise, they risk facing claims for deficiencies that could tarnish their reputation and affect their bottom line. Ethical business practices involve transparency, accountability, and a commitment to quality, which can help prevent situations that lead to claims for abatement.In conclusion, abatement for deficiency is a vital concept in both legal and ethical contexts. It serves as a safeguard for buyers and clients against inadequate performance or misrepresentation. Understanding this term allows individuals and businesses to navigate transactions more effectively and ensures that all parties are held accountable for their commitments. Whether in real estate, service contracts, or other agreements, recognizing the importance of addressing deficiencies can lead to more equitable outcomes and foster trust in business relationships.

在法律和金融领域，术语abatement for deficiency指的是由于价值或表现的不足而导致的欠款减少或降低。这个概念在房地产交易中尤为重要，因为当物业未达到合同中规定的预期标准或条件时，买方可能会寻求abatement for deficiency来降低支付的价格或获得维修赔偿。例如，如果买方购买了一栋房子，期望其处于完美状态，但在购买后发现有重大结构问题，他们可能会寻求abatement for deficiency以减少所支付的价格或获得维修的补偿。这种法律救济措施旨在保护买方免受不公平损失，并确保卖方对其所做的关于物业的陈述负责。理解abatement for deficiency的含义对房地产交易中的买卖双方至关重要。买方必须在最终确定购买之前进行彻底的检查和尽职调查，以识别任何潜在的缺陷。如果发现缺陷，他们应仔细记录并与卖方沟通，以协商公平的解决方案。另一方面，卖方必须对其物业的状况保持透明，以避免法律后果并维护其在市场上的声誉。未能披露已知问题可能导致争议和索赔，要求abatement for deficiency，这可能导致财务损失并损害其信誉。此外，abatement for deficiency的原则超出了房地产的范畴。它可以适用于各种合同和协议，其中一方未能履行承诺。在服务合同中，例如，如果承包商未按规定完成项目，客户可能会根据提供服务的不足寻求减少付款。这一原则强调了履行合同义务的重要性，以及未能履行这些义务所带来的后果。除了法律意义外，abatement for deficiency还突显了商业实践中的更广泛的伦理考虑。公司必须努力提供价值并满足客户期望；否则，他们面临因缺陷而提出索赔的风险，这可能会损害他们的声誉并影响他们的利润。道德商业实践涉及透明度、问责制和对质量的承诺，这有助于防止导致索赔的情况。总之，abatement for deficiency是一个在法律和伦理背景中至关重要的概念。它为买方和客户提供了对不足表现或虚假陈述的保护。理解这个术语使个人和企业能够更有效地处理交易，并确保所有各方对其承诺负责。无论是在房地产、服务合同还是其他协议中，认识到解决缺陷的重要性可以导致更公平的结果，并促进商业关系中的信任。