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Popular Real Estate Glossary Terms
State that increases the probability of a loss. For example, storage of flammable material next to a furnace in one's home increases the hazard with the knowledge of an insured, and is ...
Account that is similar in form to the health plan flexible spending account (FSA) with contributions to this account used to reimburse employees who are parents for expenses at a ...
Conversion of real property into money. The breaking up and selling of a real estate company for cash distribution to its creditors and then owners. Chapter 7 of the Federal Bankruptcy ...
Mortality table whose statistics have been adjusted to show expected mortality experience. ...
Circumstance in which an insurance company can issue life or health insurance to an applicant based on standards set by the company. ...