Jacket

Definition of "Jacket"

Outer covering containing an insurance policy; in many instances it lists provisions common to several types of policies.

Search Real Estate Glossary

Related Real Estate Glossary terms

Right Of Survivorship

Right of survivors to the interest in property of a deceased joint tenant as the result of property ...

Industrial Zoning

Category of property zoning that designates property to be used for industrial purposes. Industrial ...

Funding Agency

Individual or organization that provides the mechanism in which financial assets are accumulated for ...

Other Insureds

Individuals or organizations covered by property and liability insurance other than the named insure ...

Level Payment Income Stream

Same as term annuity: Equal period payments or receipts. Examples of an annuity are annual rental re ...

Capricious Value

Arbitrary value assigned to real property without any scientific or technical reason. It is a person ...

Related Real Estate FAQ

What Do I Need To Know About Homeowners Insurance?

It is where you live and where your possessions are. Chances are, it\'s your asset. But more than po ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Is An Agent?

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

5 U.S. Cities with the Best Public Transportation 7 Things to Consider Before Moving to a New City Rent or Buy - the pros and cons Home Prices - The Extra Costs 3 tips to ensure your sale goes through

FAQ

What is an escrow officer? What do I need to know about Group Health Insurance? Should I Pay Extra Each Month? What is homeowners insurance? What is an assessed value?