Free Look Period


Definition of "Free look period"

Same as term: Free Examination "free Look" Period: right, in most states, of an insured to have 10 days in which to examine an insurance policy, and if not satisfied, to return it to the company for a full refund of the initial premium.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Basic Industry Multiplier

Percentage of a geographic location's population to the number of persons employable by a basic indu ...

Labor Statistics, Bureau Of

Federal agency that collects and analyzes numerous U.S. demographics used by government and industry ...

Exclusionary Zoning

Property zoning having the net effect, intended or not, of excluding the poor and minority groups fr ...

Inter Vivos

Transactions taking place between individuals who are alive rather than when one of the parties is e ...

Contract Price

Selling price for a property less assumed mortgages by the buyer. For tax purposes, the computation ...

Platted Land

property that has been segregated into parts. ...

Related Real Estate FAQ

What Is An Overall Debt Ratio?

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

What Do I Need To Know About Term Life Insurance?

Provides financial protection for a limited, specified period of time, at a lower cost than permanen ...

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 Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

How Much Life Insurance Do I Need?

Every person has a different idea of what financial security means. If so, should happen to you, how ...

What Does A Back-end Ratio Mean?

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

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

3 tips to ensure your sale goes through Tax Breaks for the First Time Home Buyer What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? What is Hazard Insurance? 7 Things to Consider Before Moving to a New City

FAQ

Who is a subagent? What is a default? What is a counteroffer? What is an annuity? What type of Life Insurance is right for me?