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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Payments made to enhance the appearance and conditions of real estate property. In so doing, the market value of the property should increase. Examples of renovation costs are siding, ...

Notion that a buyer should not pay more for a property than it would cost to buy at current prices for land, labor, and appraisals. ...

initial plaster used on a lathe. ...

Principle of equity in property, casualty, and health insurance. When two or more policies apply to the loss, each policy pays its part of the loss, unless its terms provide otherwise. For ...

A partition or wall that provides no support to the structure in which it is located. For example, a nonbearing partition or wall does not support any floors above it. A partition which ...