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Popular Real Estate Glossary Terms
Contract that gives the insurance company the right, not the obligation, to buy a stipulated stock or bond at a specified price (strike price) at or before the date of expiration of the ...
Economic or physical life of a fixed asset. The property is depreciated over the period benefited. ...
Registered real estate broker who charge a flat fee, rather than a commission, for real estate purchase and sale transactions regardless of the property's sale price. No fee is charge if ...
Arrangement between neighbors permitting one of them to put a beam for support on another neighbors wall. ...
request by an insured for indemnification by an insurance company for loss incurred from an insured peril. ...