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Popular Real Estate Glossary Terms
Provision of a treaty reinsurance contract stating that if an insurer fails to report a risk that would normally be covered, the re insurer is still liable for the risk. ...
Credit note which a lender's only security is the borrower's personal financial situation and credit history. ...
Insurance sold by privately formed insurance companies with the objective of making a profit. ...
Mortality table, morbidity table that does not include current statistical experience. ...
When two or more individuals simultaneously have rights in a property unit (e.g., apartment),. The individuals sharing the property have legal privileges and responsibilities to each other. ...