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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Section of the code that qualifies that the death benefit paid under a life insurance policy is received by the beneficiary income-tax free. These tax consequences apply regardless of the ...

The term adjacent property, naturally, refers to a property’s position regarding other properties close to it. The adjacent property meaning is different from the term adjoining ...

Cost measuring method for tax purposes where the cost is reduced because of depreciation and increased because of the cost of capital improvements. ...

Space reserved for specified vehicles. For example, an office building may have space available for automobiles of tenants, clients of tenants, and other visitors. Parking facilities may be ...

Insurance company's examination of an insured business's payroll records in order to determine the final premium due on a workers compensation insurance policy. ...