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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Also called purchase money mortgage. A seller's claim to property held by a buyer as collateral for a debt or charge. ...

Coverage against flooding for personal and business property under the National Flood Act of 1968, which encourages participation by private insurers in the program through an industry ...

Documentation of loss required of a policyowner by an insurance company. For example, in the event of an insured's death, a death certificate (or copy) must be submitted to the company for ...

Law, in several states, establishing a fund to guarantee benefits under policies issued by insurance companies that become insolvent. ...

Coverage for the office of a business, or an individual in a general office building or other structure. Includes burglary of a safe; damage caused by robbery and burglary, actual or ...