Indivisible Contract


Definition of "Indivisible contract"

Stacey Perryman
  Coldwell Banker Residential Real Estate

Inability to divide a cash value life insurance policy into a savings element and a protection element because, in theory, if the policyowner withdraws a portion or ail of the cash value, there is a reduction in the death benefit.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Vent

Opening so that air or gas may enter or leave. For example, an air conditioner has a "vent open" or ...

Investment Analysis

Analysis of the risks and rewards to an individual in making a particular property investment. Inves ...

Tabular Interest Rate

Same as term Tabular Plans: retrospective rating system with basic, minimum, and maximum premium rat ...

Gift In Trust

Value or property given by an individual to a trustee who holds and administers it for the benefit o ...

Asset

Economic resource that is anticipated to provide benefits to a business. ...

Certified Property Manager (CPM)

Professional certification granted by the Institute of Real Estate Management, an affiliate of the N ...

Related Real Estate FAQ

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one prin ...

What Is Hazard Insurance?

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

What Is The Tax Benefits Of Buying A Home?

RealEstateAgent.com calculator estimates the tax benefit of buying a home. Input your loan parameter ...

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

What Will My ARM Loan Payment Be ?

RealEstateAgent.com calculator will compute your initial payments and estimate your future payments. ...

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

Should you Buy a Home with Cash? Home Prices - The Extra Costs Why Use a Real Estate Agent? What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? Is it better to buy or sell a home first

FAQ

What is a title? What is a maintenance fee? What is a APR Loan? What is a basic policy? What is an assessed value?