Duhaime's Law Dictionary


Tender Definition:

An unconditional offer of a party to a contract to perform their part of the bargain.

For example, if the contract is a loan contract, a tender would be an act of the debtor where he produces the amount owing and offers to the creditor.

In real property law, when a party suspects that the other may be preparing to renege, he or she can write a tender in which they unequivocally re-assert their intention to respect the contract and tender their end of the bargain; either by paying the purchase or delivering the title.


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