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Popular Real Estate Glossary Terms
A plan purporting to protect FHA homebuyers against property defects. ...
Fund established to pay specified losses, usually the low severity property losses. This type of account is an excellent device in conjunction with a self-insurance plan, in which the fund ...
Two or more people have a legal duty that can be enforced against them by joint action, against all members, and against themselves as individuals. For example, a bank can require repayment ...
Immediate convertibility of assets into cash without loss. Many types of real property are illiquid. ...
A convex vaulted curvature often spherical in shape usually built atop of a building. Domes can be constructed of any material including masonry, wood, glass or steel. They can be ...