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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Geographical area in which commerce can be conducted without tariffs being applied. The concept was adopted in insurance through the use of a reinsurance facility for buying and selling of ...

Combination of whole life and level term that provides income to a beneficiary for a selected period of time (e.g., 20 years) if an insured dies during that period. At the end of the ...

Company formed and operated without the profit motive as its normal business objective; normally sells and services health insurance policies. ...

Same as term deed of trust: A document that conveys title to a neutral third party (trustee) during the period in which the mortgage loan is outstanding as collateral for a debt. ...

Make changes to existing property. Example are putting in a new bathroom, kitchen, or basement ...