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Popular Real Estate Glossary Terms
Thin layer or slate of baked clay, linoleum, or some other material that is used for covering floors, roofs, or as an ornament in a building. ...
A provision not explicitly stated in an agreement, but considered as an important item. For example, the buyer of a home anticipates it to meet seller's claims as to condition and use. ...
Uniform charge for transportation and delivery of household items to a homeowner within a particular locality. ...
Depreciation method based on the anticipated useful life of the property, allowing for normal wear and tear. ...
Transfer of high severity risks through the insurance contract to protect against catastrophic occurrences. While insurance is generally not the most cost-effective means of recovery of ...