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Popular Real Estate Glossary Terms
Agents, managers, and office personnel serving in the branches of an insurance company. ...
Proportion of a premium allocated to pay losses, which is equivalent to (1.00 - expense ratio). ...
Principal highway designed to divert traffic around a major urban area in order to limit congestion and expedite traffic flow. A belt highway is connected to the urban area by main highways ...
Same as term annuity: Equal period payments or receipts. Examples of an annuity are annual rental receipts from a real estate investment and cash dividends from a real estate firm's ...
Type of surety bond that guarantees the performance of public officials. Public officials are responsible for a broad range of property including fees that they collect, money that they ...