Termination | Insurance Glossary | Realestateagent.com

Definition of "Termination"

Cancellation of a policy by an insurance company.

Value of property as established by the price a willing buyer would pay for property purchased from ...

Approach to determining a capitalization rate for use in valuating property so as to arrive at a sui ...

Determination made concerning the motivation of a testator in making devises of the will. A will ca ...

Coverage that exceeds the normal insurance capacity of an insurer or reinsurer. ...

Transit over land. ...

Optional feature included in some homeowners insurance policies that pays the replacement cost of an ...

Flood insurance is insurance that compensates for the physical property damage resulting from rising ...

People finance to obtain a new loan in order to pay off the existing mortgage or to gain access to t ...

A type of purchase in which the buyer assumes the responsibility of making payments on a sellers hom ...

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

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

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