Authorization


Definition of "Authorization"

Bryan & Cheri Guentner
  RE/MAX Platnium Realty

Maximum amount of insurance coverage that an underwriter will write on a particular class of property or risk exposure.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Single-Lender Web Site

A Web site of an individual lender offering loans to consumers. Most Internet shoppers want a list ...

Actuarial Gains And Losses

Experience as it relates to the annual costs associated with a pension plan. In calculating premiums ...

Jalousie

Window having several overlapping glass louvers that are installed in a common window frame and pi ...

General Operating Expense

Costs incurred by an insurance company other than agent commissions and taxes; that is, mainly the a ...

Renewal Premium

Payment due on the renewal of an insurance policy. The premium may be adjusted up or down to reflect ...

Flexible Spending Account Life Insurance

Account established by the insurance company specifically for beneficiaries of a life insurance poli ...

Related Real Estate FAQ

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership includin ...

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a partic ...

What Is Joint Tenancy?

A joint tenancy is an equal, undivided ownership in a property by two or more individuals. ...

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are ...

Should I Pay Points For A Lower Rate?

Paying points for a lower interest rate is a trade off between paying money now versus paying money ...

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What is the Best Time of Year to Buy a Home? What is Earnest Money How To Choose A Realtor What is Escrow and how does it Work? Foreclosure - The Pros and Cons of Buying

FAQ

What is Loan Amortization? What do I need to know about Motorcycle Insurance? What is the difference between being prequalified and preapproved for a loan? What is a fixed-rate mortgage? What is a basic policy?