Flat Schedule


Definition of "Flat schedule"

Sue Pittullo
  Coldwell Banker Rox Realty

Same as term Flat Rate: rate not subsequently adjusted. The rate stays in effect regardless of an insured's subsequent loss record.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Stepped-up Basis

An increase in the income tax basis of a property that is a result of a tax-free exchange. As a resu ...

Voluntary Lien

An obligation of the owner of property that is recorded with his permission such as a mortgage. ...

Bulk Sales Law

Statue designed to protect lenders if a seller secretly sells substantially all of the business prop ...

Experience Refund

Return of a percentage of premium paid by a business firm if its loss record is better than the amou ...

Sublease

Lease agreement between the lessee of an original lease and a new lessee. For example, John signs a ...

Sole Plate

A two-by-four used for wall resilience and partitioning. Studs rest on it. ...

Related Real Estate FAQ

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 Ginnie Mae?

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report ...

What Is Homeowners Association (HOA)?

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

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

When to buy a house 5 U.S. Cities with the Best Public Transportation Top Five Reasons Your Home Offer was Rejected Real Estate Open House - The Dos and Don 3 tips to ensure your sale goes through

FAQ

Who is a subagent? What is a survey? What is a private Mortgage? I need Hospital Insurance in addition to my current health insurance policy? What is the difference between being prequalified and preapproved for a loan?