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Popular Real Estate Glossary Terms
Same as term Contribution: principle of equity in property, casualty, and health insurance. When two or more policies apply to the loss, each policy pays its part of the loss, unless its ...
Small piece of carpet often placed under a door or at an entrance to a doorway. ...
House design to be easily expandable. ...
Underwriting phrase denoting the best judgment based on the experience of an underwriter, in classifying a particular risk. ...
Amount required to payoff the full balance of the mortgage today. The amount equals the principal balance plus any prepayment penalty. ...