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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Fibrous, fire-proofing material that was used in buildings and homes for insulation. ...

property use which is in violation of the current zoning ordinance, but had been in use prior to the zoning ordinance's enactment. A nonconforming use is normally allowed to continue; ...

Abbreviation for premium payment. It usually applies to a limited number of annual premium payment policies such as a ten-day policy. ...

Arrears is a legal and financial term used to describe payments in regards to their due dates. While the term is more often used to refer to a contractual obligation or liability that was ...

Loss that is not a direct result of a peril. For example, damage to property of a business firm would be a direct loss, but the loss of business earnings because of a fire on its premises ...