Fixed Benefits


Definition of "Fixed benefits"

Richard Harrison
  Napier Realtors

Payment to a beneficiary that does not vary; for example, a fixed monthly retirement income benefit of $800 paid to a retired employee.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Overseas Private Investment Corporation (opic)

Federal program to insure private U.S. investments in foreign countries, created by the Foreign Assi ...

Resident Manager

Supervisor of the operation of apartments while residing in one of the apartments. Some responsibil ...

Third Party

Individual other than the insured or insurer who has incurred a loss or is entitled to receive a ben ...

Transfer

Changing property ownership. An example is the sale of a home to another. ...

Tabular Plans

Retrospective rating system with basic, minimum, and maximum premium rates listed in manual tables. ...

Plottage

The increase in value occurring through the process of combining several contiguous land lots into o ...

Related Real Estate FAQ

What Is A Gated Community?

A gated community is a community of homes where you must pass through a security gate in order to en ...

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 Mortgage?

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

What Is A Commitment Letter?

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is An Interest Rate?

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

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

7 Tips for a First Time Homebuyer How To Get A Loan with Bad Credit 5 signs of house foundation problems When to buy a house What is Hazard Insurance?

FAQ

What is a buyer’s agent? What is an investment property? How can I figure out my debt-to-income ratio? Why do people refinance? What is a buydown?