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Popular Real Estate Questions

Popular Real Estate Glossary Terms

The common law right of a landowner whose land borders a river or stream to use and enjoy that water. ...

Coverage against only two perils, fire and lightning. The amount of coverage is per acre of standing timber for either merchantable trees (living trees with no decay, and minimum diameter), ...

Judicially determined minimum selling price for auctioned property. For example, a judge rules that a foreclosed home may be sold for less than $200,000, ...

A mortgage that does not meet the purchase requirements of the two federal agencies, Fannie Mae and Freddie Mac, because it is too large or for other reasons, such as poor credit or ...

The person identified to receive the benefit of property held in trust. ...