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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Actual price paid for property when it was acquired. The original cost might apply to a piece of jewelry, to a piece of equipment, or to a building. For insurance purposes, original cost is ...

Coverage on an all risks basis whether the airplane is on the ground or in the air; also called hull aircraft insurance. Exclusions, although none are standard, include illegal use of an ...

Escrow, often known as collateral, is a legal concept. A third party is designated to hold an asset, resource, or a sum of money used in a transaction on behalf of the other two parties, ...

Same as term loan origination fee: The lender's charge to the borrower for administrative work when preparing the mortgage including credit checks, appraisal, and title expenses. For ...

Constructed in place by filling holes drilled through to bearing strata with concrete. ...