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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Cancellation of a contract such as when a real estate agreement is deemed illegal. ...

Employee stock ownership plan (ESOP); trust (ESOP) under which an employer received tax credit instead of a tax deduction for contributions. Until passage of the tax reform act of 1986, the ...

Bona fide organization that purchases insurance on a group basis on behalf of members. However, a group cannot be formed for the purpose of purchasing insurance since adverse selection ...

Plan that combines the simplicity and flexibility of the traditional profit-sharing plan with the best features of the defined benefit plan and the target benefit plan. By age-weighing the ...

Termination of premium payments by an employer on behalf of an employee to an employee benefit plan. ...