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Popular Real Estate Glossary Terms
Arrangement the insured and insurer share on a proportional payment for a loss. ...
Depth of land used as standard to appraise its value. An example is 100 feet used for residential land. ...
An agreement, debt, or low which can be operationalized, fulfilled, completed, or performed. ...
Option clause in a disability buy-out insurance policy that permits the owner of the policy to increase the limits of coverage for the expenses associated with the buy-out process. Usually, ...
Primary residence of an individual. The principal residence can be a single family home, condominium, cooperative, or trailer. A principal residence may qualify for a homestead exemption in ...