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Popular Real Estate Questions

Popular Real Estate Glossary Terms

difference between the face value of a permanent life insurance policy and its accrued cash value. The pure cost of protection is based on this difference. For example, if the face value ...

Legally enforceable, standardized contract offered by a business for a product or service on a take it or leave it basis. Under its terms, the consumer has no opportunity to negotiate the ...

Maximum credit a prospective buyer may be given. An example is the maximum mortgage a prospective home buyer may receive from the bank. ...

The space created between the total death benefit and the cash value of a universal life insurance policy. An automatic increase in the death benefit results when the cash value approaches ...

Rule concerning stock sold and then repurchased or a similar security repurchased (warrants or options) within 30 full days before or after the day of the sale. Losses established from such ...