Admiralty Proceeding | Insurance Glossary

Definition of "Admiralty proceeding"

Craig Shatilla, Broker

RE/MAX Advantage

Conducting of maritime suits involving ocean marine insurance policy claims before an admiralty court.

Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assu ...

Coverage when a director or officer of a company commits a negligent act or omission, or misstatemen ...

Market price pf all the property prior to a condemnation proceeding. ...

Method of construction where part of the structure is supported by a cantilever beam or truss. ...

Section of an insurance company that evaluates claims for their subsequent payment. ...

Money raised by a syndicate promoter and placed into a fund prior to selecting the specific property ...

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

A sales contract is the contract you draw up when you want to make an offer on a home. ...

A term is the length of a loan. ...

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

A gated community is a community of homes where you must pass through a security gate in order to en ...

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