Maximum

Definition of "Maximum"

Total amount of insurance coverage available for an insured.

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Related Real Estate Glossary terms

Yield Rate

Same as term Yield on Assets: annual or other periodic rate of return on investments. Because life ...

Escalation Clause

provision in a rental agreement or other contract that stipulates for an increase in lease payments ...

Continuing Care Retirement Community

Retirement center with a focus on group living arrangements for senior citizens. The center has sepa ...

Indexed Guaranteed Investment Contract (gic)

Type of guaranteed investment contract in which the interest rate credited is tied to an external in ...

Fully Indexed Rate

On an ARM, the current value of the interest rate index, plus the margin. ...

Waste

Misuse, alteration, destruction, or neglect of land by an individual right-fully in possession that ...

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