Maximum

Definition of "Maximum"

Total amount of insurance coverage available for an insured.

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Related Real Estate Glossary terms

Property Description

Same as term legal description: A description of real property including metes and bounds, governmen ...

Taft-hartley Pension Plan

Pension plan under which both the contribution (employer and employee if a contributory plan) and th ...

Investments And Regulation

Life insurance: Bonds most state regulations permit life insurance company investments in debenture ...

Dwelling, Buildings, And Contents Insurance (db&c)

Coverage when residential property does not qualify according to the minimum requirements of a homeo ...

Contingencies

Unexpected claims occurring above the expected claims for which a contingency reserve is maintained. ...

Options Contract

Arrangement between the seller and the buyer in which the buyer has the right to buy (call option) o ...

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

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A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

What Is An Annuity?

An annuity is a long-term, interest-paying contract offered through an insurance company or financia ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your ...

What Is The Tax Benefits Of Buying A Home?

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

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FAQ

What does a back-end ratio mean? What is cooperative? What do I need to know about Auto Insurance? What is a housing ratio? What is a front-end ratio?