Definition of legislative. 1  1a : having the power or performing the function of legislatingb : belonging to the branch of government that is charged with such powers as making laws, levying and collecting taxes, and making financial appropriations â compare executive, judicial.
The purchase agreement is contingent on the buyer's approval of this report and any other matters affecting the title. The preliminary title report lists liens and other encumbrances on the property, as well as any defects in the seller's chain of title discovered during the title search.
Understanding Blanket Purchase Agreements. There are 2 kinds of Blanket Purchase Agreements (BPAs) and it can be confusing as to when each one is used and what the rules are for each. Understanding which one is being used is critical since the rules governing them are different. Traditional BPAs are covered in FAR Subpart 13.3, Simplified Acquisition Methods.