Tender – This term is part of the Law of Contracts. It details 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 an offer in which they unequivocally re-assert their intention to respect the contract and fulfill their end of the bargain; either by paying the purchase or delivering the title.
See also “Offer”