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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Inherent danger resulting from certain construction procedures that are excluded from general business liability policies. Coverage for this exclusion can be acquired at an extra premium ...

The rent a property commands in a free and open market setting. ...

Frequency of premium payment; for example annually, semiannually, quarterly, or monthly. ...

A cooperating broker or agent defines a real estate broker who helps another broker in a private property transaction. Typically, the cooperating broker represents the seller and is ...

Payments in excess of the value of the loss a prohibited practice. When an insured has more than one policy covering a risk, the full value cannot be collected from each policy if a loss ...