However, in no event does the Disclosure Act. permit you to cancel a contract after settlement of the transaction or (in the case of a sale or exchange) after you have occupied. the property, whichever occurs first.
Freebase(0.00 / 0 votes)Rate this definition: LexisNexis. LexisNexis Group is a corporation providing computer-assisted legal research as well as business research and risk management services. During the 1970s, LexisNexis pioneered the electronic accessibility of legal and journalistic documents.
The Anglo-Dutch publishing company Reed Elsevier has owned LexisNexis and its predecessor company since 1994. At its inception in 1970, the database was named LEXIS by Mead Data Central (MDC), a subsidiary of the Mead Corporation. It was a continuation of an experiment organized by the Ohio State Bar in 1967.