Expense Risk

Definition of "Expense risk"

Measure of the sensitivity of the insurance company's liability for the resultant higher expense rates than charged for in the premium.

Search Real Estate Glossary

Related Real Estate Glossary terms

Bargain And Sales Deed

Involves the transfer of property from one individual to another for a consideration in the form of ...

VA Loan Guarantees

Home loans backed by the Veterans Administration. The veterans Administration issues a 60% loan guar ...

Front End Loaded Term

Same as term Deposit Term Life Insurance: policy in which a premium (the deposit) is paid in the fir ...

Amenity Value

Value added to property from its associated amenities. ...

Margin

Difference between the index a lender uses to compute adjustable rate mortgage (ARM) rates and the i ...

Insurance Company Organization

Structure. In general, company functions are delegated to several departments: actuarial, agency, cl ...

Related Real Estate FAQ

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

What Is A Proration?

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

What Is A Credit Report?

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

What Is Zoning?

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

How Does The Home Loan Underwriting Process Work? Tax Breaks for the First Time Home Buyer Mortgage Loan Types Is it better to buy or sell a home first What Must I Disclose When Selling My Home?

FAQ

What is a seller takeback? What is a proration? What do I need to know about Term Life Insurance? What is a Multiple Listing Service (MLS)? What is cooperative?