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Popular Real Estate Questions

Popular Real Estate Glossary Terms

From favor payment by an insurance company to an insured even though the company has no legal liability. The company makes such a payment for goodwill purposes. ...

Marine insurance contract clause that limits an insurance company's liability. The company agrees to pay only losses that exceed a percentage or flat dollar amount; partial (below this ...

(1) When used as a noun, refers to journals or ledgers. (2) When used as a verb, refers to the recording of an entry. ...

Document issued by a governmental agency permitting the recipient to do something. An example is a building permit to construct a structure. ...

Stop or bar, such that one party makes a statement upon which a second party has every reason to rely, thereby preventing the first party from denying the validity of that statement. For ...