Contingent Liability Insurance

Definition of "Contingent liability insurance"

coverage for contingent liability exposure.

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Related Real Estate Glossary terms

Warranty Insurance

Taken out on property to replace or repair it if it malfunctions. It covers parts and/or service. An ...

Inventory Checklist

List of records kept of what is owned by an individual such as the deed to a house and the title to ...

REO

Same as term real estate owned: Real property repossessed by a lender through foreclosure and mainta ...

Servicing

Administering loans between the time of disbursement and the time the loan is fully paid off. Serv ...

Appointment Papers

Documents completed by the agent to effect authorization to act on behalf of the company. ...

Overage

Rental increment tied to sales or profit that is in addition to the flat rental fee. Assume a ret ...

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What is an escrow officer? What is a lock in? What does an appraisal mean? What is principal? What do I need to know about Condominium Insurance?