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Maloof Law Group in Sacramento
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Term Definition
No Contest Clause
A clause in a will or trust that states that if any beneficiary contest or challenges the document's validity, that their portion of the estate will be revoked.
No Oral Modification Clause
A contract term restricting changes to only those reduced to a writing and signed by the party to be bound.
Non-Disclosure Agreement
A document designed to limit the dissemination of confidential information.
Non-Profit Corporation
An entity that is formally recognized by the Internal Revenue Service as being not for profit and exempt from most forms of taxation.