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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Period of time after the expiration of a claims made basis liability coverage policy during which claims may be made. ...

Investment income. Insurance companies invest part of their premiums that are not immediately needed for claims and administrative expenses. These earnings are critical to an insurance ...

Trust in which the trustee distributes capital and income to the beneficiaries of the trust according to their economic needs. ...

Condemnation is a process by which private property is taken for the purpose of public use. Prior to the taking, the property is said to be “condemned property”, meaning that it has ...

Liability coverage section of a simplified commercial lines portfolio policy (sclp). Provides for separate limits of coverage for general liability, fire legal liability, products and ...