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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Coverage against only two perils, fire and lightning. The amount of coverage is per acre of standing timber for either merchantable trees (living trees with no decay, and minimum diameter), ...

Oral defamation of the character or reputation of another. It is the basis for a lawsuit. ...

Exchange, in insurance, of an adequate consideration (premium paid by an insured) for the promise of an insurance company to pay benefits in the event the insured incurs a loss. ...

Actuarial evaluation of the assets of a pension plan according to the fair market value of the assets. ...

The term market segmentation is mostly used in marketing for assembling prospective buyers in groups based on their needs and their response to a marketing action. One definition of market ...