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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Single premium immediate annuity purchased to fund a structured settlement. This product is purchased when the injured party (the plaintiff) wishes to have a monthly income payment for life ...

Sum total of all assets owned by the decedent to include personal property, real property, and trust property. ...

Exchange, in insurance, of an adequate consideration (premium paid by an insured) for the promise of an insurance company to pay benefits in the event the insured incurs a loss. ...

Rate used as the basis for calculating benefits under workers compensation insurance. ...

The definition of restraint on alienation is a limitation on the right to convey or transfer owned real estate to another party. This restriction on conveying property has an effect that ...