Contents


Definition of "Contents"

Bill Urasky
  Homesmart Realty Group

  1. in PERSONAL PROPERTY insurance, coverage is for personal property items that are movable, that is, not attached to the building's structure (the home), such as television sets, radios, clothes, householdgoods. Not included under the coverage are animals, automobiles, and boats.
  2. in COMMERCIAL PROPERTY insurance, coverage is for the business's personal property items that are movable, that is, not attached to the building's structure such as inventory, machinery, equipment, furniture, and fixtures. Not included under the coverage are animals, automobiles, boats, and crops.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Shared Appreciation Mortgage (SAM)

A mortgage on which the borrower gives up a share in future price appreciation in exchange for a l ...

Internal Revenue Code

Federal statute defining the federal tax code, covering such topics as credits against tax; business ...

Prospect Cards

File of prospective real estate customers showing their address, telephone number, time and date of ...

Net Interest Earned

Average interest earned by an insurer on its investments after investment expense, but before federa ...

Tax Reform Act Of 1984

Legislation that raised taxes on life insurers and further defined life insurance. Because the tax e ...

Apportionment

Division of a loss among insurance policies in the proportion that each policy bears to the total co ...

Related Real Estate FAQ

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

What Is A Lien?

A lien is a claim against a property. ...

How Can I Protect My Home Office?

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

What Is An Inspection?

An inspection is a close and thorough examination of a house and property. A licensed individual usu ...

What Is A Credit Report?

A credit report is a report of all your debt information compiled by an independent agency. The cred ...

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

Should you Buy a Home with Cash? 5 signs of house foundation problems Is it better to buy or sell a home first What Must I Disclose When Selling My Home? How To Get A Loan with Bad Credit

FAQ

What happens when you prequalify? What are paid advertorials? What is a sales contract? What is a principal? Why should I use a real estate agent?