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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Addition to the pure cost of insurance that reflects agent commissions, premium taxes, administrative costs associated with putting business on an insurance company's books, and ...

The total destruction, razing, tearing down, breaking into pieces or pulverizing of a structure on a building site. Demolition usually occurs when clearing a building site either as ...

Arrangement between neighbors permitting one of them to put a beam for support on another neighbors wall. ...

Premium rate charged on the property within a building, but not on the building structure. ...

Insurance that covers an indirect loss stemming from a direct loss by a covered peril to income-producing property. A building destroyed by fire represents a direct loss. Lost income ...