Bordereau

Definition of "Bordereau"

Form of reinsurance that shows loss history and premium history with respect to specific risks. The ceding company provides its re-insurer with mat information. This information is used by the reinsurance company in establishing the reinsurance premium rates.

Search Real Estate Glossary

Related Real Estate Glossary terms

Exculpatory Clause

Contractual clause freeing a party from personal liability. Foe example, an exculpatory clause in a ...

International Right Of Way Association (IRWA)

Founded in 1934 and located in Garden, CA with 1993 membership of 9,000, the IRWA is a professional ...

Lump Sum

In life insurance, single payment instead of a series of installments. ...

Southern Colonial Architecture

Building that is elaborately built with columns in a symmetrical way, generally with three floors an ...

Administrative Discretion

Authority of an individual appointed to a governmental position to use their judgment and discretion ...

Water Level

Surface level of water. ...

Related Real Estate FAQ

What Is An Amortization?

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

What Is A Deed?

A deed is a legal document that conveys the title to a property. ...

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. The ...

What Are Jumbo Mortgages?

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

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 Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

Short Sale Homes How To Sell Your Home What is the Best Time of Year to Buy a Home? Why Use a Real Estate Agent? How is Square Footage Determined?

FAQ

Why do people refinance? What is a buydown? I dont know the zip code of my areas. How do I find an agent that is right for me in my area. What does FSBO mean? What if the computer I want to insure is homemade or custom-built?