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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Oral or written contract that is not enforceable by the judicial system. Examples are contracts with minors, fraudulent agreements and contracts that exceed the statute of limitations. ...

1968 federal legislation that makes it mandatory for lenders to disclose to credit applicants the annual interest percentage rate (APR) and any finance charge. ...

A lender that holds the loans it originates in its portfolio rather than selling them. ...

Medical check of an applicant for life or health insurance by a medical professional who is not a physician. ...

Rule that concerns the distribution of the aggregate surplus among the policies in the same proportion as each respective policy has contributed to the surplus. ...