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Popular Real Estate Glossary Terms
Four-year institution of higher learning. The degree programs include insurance, risk management, actuarial science, and financial services. ...
A lessee (tenant) subleases the apartment to a third party .The tenant is now sandwiched between the lessor and the sublessee. In other words, the tenant is acting as a lessee to the ...
Written statements on a form by a prospective insured about himself, including assets and other personal information. These statements and additional information, such as a medical report, ...
Document issued by a governmental agency permitting the recipient to do something. An example is a building permit to construct a structure. ...
The date on which the closing occurs. On a purchase transaction, there is no financial advantage to the buyer/borrower in closing on any day of the month, as compared to any other day. ...