Authorized Insurer


Definition of "Authorized insurer"

Insurance company that is licensed by a state to market and service particular lines of insurance in that state.



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Related Real Estate Glossary terms

Unilateral Contract

An agreement in which one individual or business agrees to do or not do something in return for the ...

Community Property Laws

Statutes stipulating that the property of deceased individuals is distributed in a way that assumes ...

Qualification Ratios

Requirements stipulated by the lender that the ratio of housing expense to borrower income and the ...

Compulsory Retirement Age

Mandatory age of retirement. ...

Escrow Statement

Declaration by an escrow agent that instruments or property are being held by him in accordance with ...

Equity Purchaser

An individual or business that buys someone else's equity in property but may not assume any respons ...

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What Is A Contingency?

A contingency is a provision included in a sales contract stating that certain events must occur or ...

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A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

How Much Can I Afford ?

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

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

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Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

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