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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Individual action or failure to act as a reasonably prudent person would under similar circumstances, resulting in harm to another. Also called negligence. A reasonably prudent person is ...

Model state law of the NAIC that requires that the insurance company and agent provide a prospective insured with written information concerning the cost and benefits of the life insurance ...

Insurance coverage purchased on the same item from two or more insurance companies. ...

Documentation of ownership. An example is a deed to land. ...

Requirement upon termination of a pension plan; an employer must reimburse the pension benefit guaranty corporation (pbgc) for any loss that the PBGC incurs as the result of paying employee ...