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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Amount paid to an insurer. Determination of the actual cost (not the price paid) of a life insurance policy has been widely discussed for many years in life insurance and consumer circles. ...

Addition to a workers compensation insurance policy to cover payments to injured employees who are not covered by a state's workers compensation law. This endorsement provides employees who ...

Listing of property that is open, meaning there is no one real estate agent who has the sole right to sell the property. ...

Tenancy that may be terminated by one party- the tenant or the landlord- at any time. The agreement may be in writing or oral. For example, Jack has an oral agreement to use Christine's ...

Governmentally held records of public transactions giving constructive notice that documentation exists confirming the transaction. ...