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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Same as term Annual Policy: contract remaining in force for up to 12 months unless canceled earlier. After 12 months the policy can either be renewed or not renewed by the insurance company ...

Coverage if transmission equipment is damaged or destroyed on an all risks basis excluding the perils of war, wear and tear, inherent defect, and nuclear damage, consequential loss ...

Offering price. ...

The month in which a zero loan balance is reached. The payoff month may or may not be the loan term. ...

Cash carried forward from the previous year, plus gains from operations for the current year, plus any capital gains. ...