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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Owner of real property who gives another the right to use it in return for rental payments. The three types of leases for the lessor are the direct financing lease, the sales-type lease, ...

Indemnifies an insured whose property is stolen, damaged, or destroyed by a covered peril. The term property insurance encompasses numerous lines of available insurance. ...

The right to purchase insurance without physical examination; the present and past physical condition of the applicant are not considered. ...

Heating system hidden behind special panels, the walls, or the ceiling. Can use electric heating elements, hot air, or hot water pipes. ...

A public area, or plaza with a series of walkways permitting pedestrians easy access to shops, stores and restaurants. Modern malls are often enclosed enabling all weather access. Malls are ...