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Popular Real Estate Glossary Terms
Through the homestead exemption definition, we understand the legal instrument that provides physical and financial shelter in dire situations. The homestead exemption legal provision can ...
A leasehold estate that can be determined by the lesser or lessee at any time. ...
Fairness (as an objective of insurance pricing). Premium rates are set according to expectation of loss among a classification of policy owners. The premise is that all insureds with the ...
Premium that remains unchanged over time, regardless of any change in the nature of the risk. ...
Amount charged for each unit of rental property. An example of a unit might be square footage of space or an apartment. ...