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Popular Real Estate Glossary Terms
Inability to divide a cash value life insurance policy into a savings element and a protection element because, in theory, if the policyowner withdraws a portion or ail of the cash value, ...
Total amount of insurance coverage available for an insured. ...
Homeowners policy to cover the owner of a townhouse. ...
Maximum interest rates a borrower might pay for an adjustable rate mortgage. It controls the amount of change in the rate when it adjusts. The first number is the maximum increase allowed ...
Written contract between an insured and an insurance company stating the obligations and responsibilities of each party. ...