Cutoff


Definition of "Cut-off"

Robert McKee
  BHHSNJ - Jersey Properties Group

Clause in a reinsurance policy that excludes the reinsurer's liability for losses occurring after a stipulated date.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Minimum Down Payment

The minimum allowable ratio of down payment to sale price on any loan program. If the minimum is 1 ...

Extortion Insurance

Coverage in the event of threats to injure an insured or damage or destroy his property. ...

Inflation Endorsement

Attachment to a property insurance policy that automatically adjusts its coverage according to the c ...

Individual Life Insurance

Coverage of a single life, in contrast to group life insurance, which covers many lives. ...

Rate

Same as term Interest Rate: The rate charged the borrower each period for the loan of money, by cu ...

Book Value

Cost of the assets listed on the accounting records of the company. These assets include the followi ...

Related Real Estate FAQ

What Is A Lease Purchase Mortgage?

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

What Is A Lock In?

A lock in guarantees a certain interest rate for a certain period of time. ...

What Will My ARM Loan Payment Be ?

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

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? When to Dispute Your Home Appraisal How To Get A Loan with Bad Credit How To Sell Your Home Short Sale Homes

FAQ

What is homeowners insurance? What is a rate lock? How can I figure out my debt-to-income ratio? What do I need to know about Universal Life Insurance? What is the Tax Benefits of Buying a Home?