William Raveis Real Estate

Real Estate Glossary Terms

• Basis

  Figure or value which is the starting point in computing gain or loss, depreciation, depletion, and ...

• Falling Out Of Escrow

  One of the parties is unable to satisfy the conditions of the purchase and sale contract. ...

• Cash Value

  Same as term cash surrender value: money the policyowner is entitled to receive from the insurance ...

• Individual Risk Premium Modification Plan

  In group insurance, adjustment of premiums, because of reduced expenses due to economy of scale. Gro ...

• Ownership Of Expirations

  Retention of all files of policies sold by the agent of record who, according to written agreement w ...