Losses | Insurance Glossary | Realestateagent.com

Definition of "Losses"

Reductions in the value of property due to physical damage or destruction.

The depreciation method where an equal amount of depreciation expense is allocated to each full peri ...

Degree of construction of residential property measured in number of units or dollar value. ...

A contract not in writing. Oral contracts are legally enforceable except for those applicable to the ...

Provision established either by state statute or court order that permits the defendant to establish ...

Property owned and held jointly and equally shared by each spouse. It is purchased during their marr ...

Value of agricultural land as determined by its ability to produce crops and livestock. ...

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

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

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

The public tax assessor value of a property as determined for the purpose of taxation. ...

Recently sold properties that are similar in size, location, and amenities to the home for sale. The ...

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