Elegant Retreat

About James Hoot

As a veteran of the US Army of 8 years I learned how to get the job done.  As realtor since 2003 I have experienced all type of transactions and can help you whether you are selling a home, land or both.  If you need to buy a home or land let me help you by keeping you clear of the obstacles and make the process simple.

The RE/MAX Collection

James Hoot The RE/MAX Collection

James Hoot


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1345 Rte 507 , Greentown - PA 18426

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Office: 1-570-676-0695

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Real Estate Glossary Terms

  • Off-site Costs

    Expenditures incurred to improve a specific real estate development; however, these improvements are not directly on the property. Example are curbs, driveways, and streets. ...

  • Notice Of Nonresponsability

    A clearly stated notice that an owner or operator will not assume responsibility for an inherent risk. For example, at a parking garage, a large notice of nonresponsability clearly states the management is not responsible for any valuables left in a car or damage which may occur while the car is par ...

  • Administrative Expenses

    Costs associated with the general administration of the insurance organization to include such items as utilities, rent, salaries, postage, furniture, and housekeeping charges. ...

  • Expectation Of Loss

    Same as term Expected Loss: probability of loss upon which a basic premium rate is calculated. ...

  • Tax Equity And Financial Responsibility Acts Of 1982 And 1983 (tefra)

    Legislation that redefined life insurance and raised taxes on life insurance companies. Among the provisions were new rules for some life insurance products, including a definition of flexible premium life insurance, and an increase in life insurance company taxes. Congress was concerned that a poli ...

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