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Popular Real Estate Glossary Terms
Loss of property value due to external forces of events. ...
Time period in which one may carry out a lien on property. ...
Percentage of total assets set aside by an insurance company to provide for unexpected losses. In general, a minimum of a 5% surplus ratio (5 cents in reserve for each $1 of assets) is ...
A floor where the binding joists support the common joists above and the ceiling below. ...
Opinion of a judge having no direct legal or binding effect on the outcome of a pending judicial decision. An obiter dictum is considered to be an incidental judicial remark about some ...