Public Law 92 500


Definition of "Public law 92-500"

Amendments to the water quality improvement act of 1970 that extends liability of shipowners to any hazardous substances discharged by their ships. The 1970 act made shipowners responsible for cleanup of oil spills. Public Law 92-500 (the Federal Water Pollution Control Act Amendments of 1972) extended responsibility to other hazardous substances.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Stock Transfer

Re-registration of existing shares when there is any change in the name of the owner (s). Such a cir ...

Home Service Ordinary

Life insurance in which the debit system is used to collect premiums on a monthly basis. ...

Nontraditional Reinsurance

Types of reinsurance instruments under which the amount of risk transferred is more limited than und ...

Subrogate

Substituting one party for another in an action giving that party full rights or claims. Foe example ...

Yearly Renewable Term Plan Of Reinsurance

Type of proportional reinsurance under which the ceding company (primary insurer) cedes to a re-insu ...

Passive Loss Rules

Rules passed as part of the tax reform act of 1986 that limit the amount of income investors can she ...

Related Real Estate FAQ

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Is Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Is A Mortgage Broker?

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Gue ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What is Earnest Money Foreclosure - The Pros and Cons of Buying How To Get A Loan with Bad Credit What is Hazard Insurance? What is the Best Time of Year to Buy a Home?

FAQ

What is a maintenance fee? What is a Good Faith Estimate? What is a counteroffer? What is underwriting? What does preapproved mean?