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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Emotional value of property to the particular person. An example is an owner of a house who is attached to it because his deceased parents lived there. ...

Asset excluded from the financial statements submitted to the state insurance examiner because the asset has virtually no value in meeting claims in the event the insurance company must be ...

Need for an insurance policy to be paid up or to be paid for a minimum number of years before the insured is eligible to receive any benefits. This requirement is typically found in ...

Insurance company that specializes in underwriting casualty insurance. ...

Payment made by a party causing harm to the party incurring that harm. ...