Permanent Partial Disability

Definition of "Permanent partial disability"

Disability in which a wage earner is forever prevented from working at full physical capability because of injury or illness.

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Related Real Estate Glossary terms

Holdover Tenant

Tenant that stays in the leased property after the expiration date if the lease. He can be evicted o ...

Over Age 55 Home Sale Exemption

The Internal Revenue Code (IRC Sections 1034 and 121) providing that a person over age 55 can sell a ...

Open Listing

An agreement permitting a real estate agent to sell the property while also allowing the homeowner o ...

Illiquid

Unable to sell an investment to obtain cash in the short-term without incurring A significant loss ...

Personal Injury Protection (pip)

Coverage to pay basic expenses for an insured and his or her family in states with no fault automobi ...

Servicing Agent

The party who services a loan, who may or may not be the lender who originated it. ...

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

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A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

Do I Need Earthquake Insurance?

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

What Is A FHA Mortgage?

A FHA mortgage is when the government guarantees Federal Housing Authority loans. You can put down a ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on t ...

What Is A Mortgagor?

A mortgagor is the borrower. ...

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