Extraterritoriality


Definition of "Extraterritoriality"

Colin Prest
  Inspire Realty

Provision in workers compensation insurance under which an employee who incurs an injury in another state, and elects to come under the law of his home state, will retain coverage under the workers compensation policy.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Net Loss

The excess of total expenses over rental revenue for a real estate business. ...

Armored Car And Messenger Insurance

Coverage during the transfer of securities and monies, precious metals, and other specified types of ...

Contract For Deed

Method of selling and obtains possession, but the seller retains the title. ...

Area

Two-dimensional, circumscribed space having measurable dimensions. ...

Change In Occupancy Or Use Clause

Condition in which the occupancy or the purposes for which the premises are being used as described ...

Balancing The Books

(1) Reconciling the records to show agreement. (2) Agreement of the records to physical amounts. ...

Related Real Estate FAQ

Should I Consolidate My Debt?

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

What Do I Need To Know About Indemnity Insurance?

A principle of insurance which provides that when a loss occurs, the insured should be restored to t ...

What Is A Survey?

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

What Is Escrow?

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

What Is PITI And What Does It Stand For?

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

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

Short Sale Homes What do Real Estate Attorneys do? What Must I Disclose When Selling My Home? How To Choose A Realtor Mortgage Loan Types

FAQ

What is a gift letter? What is a Ginnie Mae? What is a Good Faith Estimate? What is hazard insurance? What does an appraisal mean?