Nonresident Agent | Insurance Glossary

Definition of "Nonresident agent"

Agent who is licensed and who markets and services insurance policies in a state in which he or she is not domiciled.

Number of housing units of a particular category that are available. ...

Latin for it does not follow. The conclusion of a statement or phrase is illogical. ...

Employee stock ownership plan (ESOP); trust (ESOP) under which an employer received tax credit inste ...

Partner in a real estate business who remains anonymous but has legal rights and obligations. ...

To place insurance in force on an individual, individuals, or an organization. ...

A lien which is secondary to a senior lien and cannot be paid until the senior lien is satisfied. ...

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

A multiple listing service is a computerized listing of the homes for sale in an area listed with a ...

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

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

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

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