Definitions

Definition of "Definitions"

Essential parts of insurance policies that explain the meanings of important words and phrases found in those policies.

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Related Real Estate Glossary terms

Homogenous

Descriptive of the architectural development of property in a certain area. For example, a housing s ...

Tuition Fees Insurance

Indemnification of a school for the loss of tuition, and room and board fees when it is forced to su ...

Personal Financial Statement

Document showing the financial health of an individual that may be requested for a loan application ...

Transfer For Value Rule

An exception to section 101 (a) (1) OF THE INTERNAL REVENUE CODE tax-exempt Status Of the DEATH BENE ...

Construction Loans

Also called interim financing. A mortgage that provides the funds necessary for the building or con ...

Realty

Same as term real estate: Also called real property. Anything permanently affixed to the land, such ...

Related Real Estate FAQ

What Is An Interest Rate?

An interest rate is the percentage the lender charges you for borrowing money. ...

What Is An Appreciation?

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

What Is Homeowners Association (HOA)?

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

What Is A APR Loan?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

What Is A CD?

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

What Is A Term?

A term is the length of a loan. ...

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