Appraisal performed in accordance with the National Housing Act to determine the resale value of vacant or improved property in an urban area to be or under development. The renewal project may have certain restrictions and specifications placed upon it such as square footage, use of land, and de...

Same as term lateral support: The right of a landowner to have lateral land support from adjacent properties. The right of lateral and subjacent support means that an adjacent land owner may not, for example, lower or undermine the soil of his or her property so as to cause a lack of support and sub...

Modest amounts of coverage sold on a debit basis. The face amount is usually less than $1000. ...

Surrender of rights by an insured against the third party to an insurance company that has paid a claim....