Independent Events


Definition of "Independent events"

Shannon Wade Henley
  World Impact Real Estate

Events that do not have any influence on the occurrence or nonoccurrence of another event; for example, a plane crashing in Shreveport should have no influence on a plane crashing in Dallas.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Eligible Retirement Plan

Plan under which an employee may make a rollover contribution. If that contribution is from a qualif ...

Adult Community

Housing projects specifically designed to meet the community needs of the increasing number of indiv ...

Bilateral Contract

Contract under which there is an exchange of a promise for a promise. An insurance policy is deemed ...

Underwriting Expenses

Salaries plus commissions plus overhead expenses plus office rent plus fees charged for memberships ...

Term Of The Policy

Length of time insurance policy is in force. ...

Depreciable Real Estate (tax)

Under current tax law, real estate is depreciated under either the straight-line method or modified ...

Related Real Estate FAQ

What Is Escrow?

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

What Does Travel Insurance Typically Cover?

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Gue ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Is An Interest Rate?

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

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 ...

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 Things to Consider Before Moving to a New City 3 tips to ensure your sale goes through What do Real Estate Attorneys do? When to buy a house How To Sell Your Home

FAQ

What is depreciation? What is a broker? What is Long Term Care Insurance? What is the APR for This ARM Loan? What is a VA loan?