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Popular Real Estate Glossary Terms
Claim or debt that may be recovered by instituting a lawsuit. ...
Employer using a self-administered insurance plan; or an insurer that administers a group employee benefit plan. In an employer administered plan, the employer maintains all required ...
Property title having no encumbrances. In the usual sense this means a title not having a mortgage. Other encumbrances could include judgments or additional financial liens. ...
Employee of a state insurance department who audits statements of insurance companies to determine their continued solvency. ...
Written agreement that puts insurance coverage into effect. ...