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Popular Real Estate Glossary Terms
Distance from the location of natural ground and water to the actual ground level. ...
Extent of the loss caused by accidents. Used in predicting the dollar amount of losses upon which the premiums are based. ...
Accumulated value of assumed past net life insurance premiums, minus the accumulated value of past benefits (claims paid). ...
Unincorporated association with each insured insuring the other insureds within the association. (Thus, each participant in this pool is both an insurer and an insured.) An attorney-in-fact ...
Exterior wall not supporting a load, mostly found in office buildings. ...