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Popular Real Estate Glossary Terms
Storage of inactive items, including automobiles, for a certain period. Normally, a storage facility, charging a fee, provides dead storage of items. To prevent deterioration, dead ...
Loan paid off in periodic equal installments which includes varying portions of principal and interest during its term. ...
The loss of an access right to a parcel of property through another property owner's property. This could materially affect the value of the property denied access. ...
a large number of homogeneous exposures (in order for the deviation of actual losses from expected losses to approach zero, and thecreditability of the prediction to approach one). loss ...
Events that do not have any influence on the occurrence or nonoccurrence of another event; for example, a plane crashing in Shreveport should have no influence on a plane crashing in Dallas. ...