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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Continuous beam on top of supporting walls, usually constructed of concrete and often having steel rods for additional strength placed within it. Supplies lateral support as well as ...

Coverage for extra expenses associated with the reconstruction of a damaged or destroyed building where zoning requirements mandate more costly construction material. This endorsement is ...

Appraisal concept stating the value a particular improvement contributes to the overall value of a property irrespective of its actual cost. ...

Contract under which an assessment insurance company can charge policyowners additional sums if the company's loss experience is worse than had been loaded for in the premium. This ...

Agreement in which the insurer promises to renew the policy provided certain conditions have been met by the insured. ...