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Popular Real Estate Glossary Terms
Legal obligation to pay taxes associated with owning property or earning income. For example, a real estate owner must pay property taxes. ...
(land and attachments) and personal (movable effects not attached to land). Both classifications of property give rise to an insurable interest. ...
Founded in1934 and located in Chicago, IL with a 1993 membership of 8,300, the IAAO seeks to ameliorate assessment standards as well as to perform ongoing property assessment research. The ...
Mortality table whose statistics have been adjusted to show expected mortality experience. ...
Provision in an insurance policy that states the monetary value of each piece of property to be insured. ...