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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Quality of being useful. Risk diminishes maximum utility in society because resources gravitate to activities, businesses, and investments that are least risky. By absorbing or protecting ...

Substance or material used at the top of a chimney at the roof to inhibit the development of moisture and to protect the metal. ...

Clause inserted into a commercial lease by a mortgagee stating the lessee's current lease will not be terminated if there is a foreclosure action against the landlord for the failure to ...

Written document containing instructions on managing one's assets during one's lifetime. The document may be revoked (unless made irrevocable at creation), terminated, or amended at any ...

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