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Popular Real Estate Questions

Popular Real Estate Glossary Terms

A rate lock, plus an option to reduce the rate if market interest rates decline during the lock period. ...

Actuarial equivalent method of calculating the premium rate through the development of the following equation: probability that the event insured against occurs x face amount of policy x ...

Account established to manage the assets of a minor. This account is under the auspices of a custodian (either an individual or an institution). The gift tax exclusion would apply on any ...

Increase in the value of property arising from holding it. The gain is realized only when the property is sold at which time it is taxable. An example is the increase in the appraised value ...

Sum total of the assets owned by an individual. ...