👉 Unstanding is a legal concept in the United States that refers to an action of revocation or suspension of a license issued by a state. In the context of real estate transactions, unstanding typically occurs when a seller sells a property and the buyer requests the sale back, but the seller refuses or fails to fulfill their obligations under the contract. The term "unstanding" is often used in legal documents or contracts to refer to situations where one party has an obligation to perform a specified action (in
