Fire Wall


Definition of "Fire wall"

Shannon Mooneyham
  Only Way Realty

Structure separating parts of a building in order to contain the spread of fire. Fire walls reduce the severity of a potential fire and lower premium rates.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Pricing Inadequacy Risk

One of four types of risks affecting the life insurance company as identified by the society of actu ...

Return On Equity (roe)

Net income expressed as a percentage of average total equity. This percentage measures profitability ...

Straight Mortgage Or Deed Of Trust

Device that places the ownership of real property with one or more trustees for security until the l ...

Fixed-amount Settlement Option

Choice of beneficiary in which the death benefit of a life insurance policy is retained by the compa ...

Clause

In an insurance policy, sentences and paragraphs describing various coverages, exclusions, duties of ...

Name Schedule Bond

Fidelity bond under which an insured employer is reimbursed for loss caused by the dishonest act of ...

Related Real Estate FAQ

How Big Is An Acre?

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

What Is A REALTOR®?

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

When Should I Get Travel Insurance?

You should definitely consider getting travel insurance when doing or bringing any of the following ...

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 FHA Mortgage?

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

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 To Choose A Realtor Why Right Now is a Good Time for Millennials to Buy a Home What Must I Disclose When Selling My Home? How to become a real estate agent Tax Breaks for the First Time Home Buyer

FAQ

What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans? What is a second mortgage? What is a private Mortgage? How big is an acre? What is a loan origination fee?