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Popular Real Estate Glossary Terms
Contract under which an assessment insurance company can charge policyowners additional sums if the company's loss experience is worse than had been loaded for in the premium. This ...
Immediate annuity under which one premium payment is made and the annuity is paid up (no further premium payments are required). ...
Also called settlor. A trust created by a will starting upon the donor's death. It empowers a trust administrator to implement the terms of the trust. ...
Payment by the insurance company to the insured for the actual expenses incurred by the insured, such as medical expenses. ...
When a borrower has difficulty making the scheduled payment. Position of the Lender: A good place to start is by understanding the position of the lender. A game plan for survival ...