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Popular Real Estate Glossary Terms
Coverage in the event a school, summer camp, or similar operation suffers loss of tuition because a peril destroys a building. The tuition form reimburses the institution for loss of ...
Minimum of care owed by one party for the physical safety of another. Liability suits are brought because of negligent acts and omissions resulting from failures to exercise due care. ...
Value of loss resulting from loss of use of property. For example, a fire damages the structure of business premises and the business loses customer income until it can reopen. The loss in ...
Individual to whom a mortgage, or property, is pledged. ...
Inflation adjusted income relative to be a base period. For example, real rental income is adjusted for changing price levels. ...