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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Legislation establishing the minimum education and experience level required by the state as a prerequisite for a person to become a licensed agent. ...

Assembly of people formed only for obtaining group insurance. Such a group is uninsurable and violates underwriting principles concerning group insurance. ...

Insurance company's growth rate of adjusted surplus divided by its adjusted liabilities. The greater this ratio, the more financially sound the insurance company, as the surplus would be ...

Lease that incorporates increases in agreed-on payments over the term of the lease contract. For example, a particular step-up lease may require that the lessee pay a 10% increase each year ...

Used to support two properties; it is attached to both. ...