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Default is the failure to fulfill a legal obligation. A default includes failure to pay on a financial obligation, but may also be a failure to perform some action or service that is non-monetary. For example, when leasing a car, the lessee is usually required to properly maintain the car.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Default is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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