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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Provision that holds a re-insurer liable for its share of losses even if the ceding company becomes insolvent before paying these losses. For example, XYZ Insurance Co. writes a fire policy ...

Scale drawing or diagram illustrating the proposed use of a land plat property. ...

A line on a map or drawing showing equal ground elevation points. See also contour map. ...

Accounting statement at the settlement of a real estate transaction that shows each item charged or credited, to whom, and for how much. ...

Coverage for property damage or destruction of an insured's property and liability exposure of an insured for damage or destruction of someone else's property under his or her care, ...