Examination


Definition of "Examination"

Kari Trail Butz
  RE/MAX Encore

Same as term Convention Examination: audit of the convention blank (NAIC Statement Blank) every third year as to all of the financial activities of a company; company claim practices; and general policyowner relations.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Stated Assets

A documentation rule where the borrower discloses assets and their source but the lender does not v ...

Expected Mortality

Expectation of death. The probability of its occurrence is shown by a mortality table, which is impo ...

Integration With Social Security

Method of reducing an employee pension according to IRS procedures: Offset method restricted to a DE ...

Start Rate

Also called a teaser. The starting interest rate of an adjustable rate loan. It generally lasts betw ...

Death Benefit

Amount payable, as stated in a life insurance policy, upon the death of the insured. This is the fac ...

Competent Parties

Persons considered legally capable of entering into a binding contract. ...

Related Real Estate FAQ

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

What Is A Multiple Listing Service (MLS)?

A multiple listing service is a computerized listing of the homes for sale in an area listed with a ...

What If They No Longer Make My Specific Computer?

The insurance company will replace it with a model as close to it as possible in the current retail ...

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

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

Tax Breaks for the First Time Home Buyer Real Estate Open House - The Dos and Don When to Dispute Your Home Appraisal What is the Best Time of Year to Buy a Home? 7 Things to Consider Before Moving to a New City

FAQ

What is a cap? What is a foreclosure? What is a broker? What do I need to know about RV Insurance? Why should I use a real estate agent?