Commercial Lines


Definition of "Commercial lines"

Betty Smith
  Homesmart

Insurance coverages for businesses, commercial institutions, and professional organizations, as contrasted with personal insurance.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Solicitor (soliciting Agent)

Insurance salesperson who contacts potential customers and handles clerical responsibilities but has ...

Direct Selling System

Same as term Direct Response Marketing: method of selling insurance directly to insureds through a c ...

Cession Deed

Deed used to transfer property rights to a governmental authority. ...

Interest Rate Scenario

Set of yield curves in which an interest rate is specified for various maturities such as monthly, q ...

Absolute Sale

Ownership of property transfers from the seller to the buyer when the parties sign the contract. ...

Termite Inspection

Inspection required in certain types of sales of property to determine if termites are present withi ...

Related Real Estate FAQ

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

What Is A Negative Amortization?

A negative amortization is a type of loan situation that occurs when the monthly payments do not cov ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

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

How is Square Footage Determined? Tax Breaks for the First Time Home Buyer Is it better to buy or sell a home first Top Five Reasons Your Home Offer was Rejected What do Real Estate Attorneys do?

FAQ

What does Travel Insurance Typically Cover? What is a fixed-rate mortgage? What is a closing? What is an interest rate? What is a buydown?