Time And Distance Reinsurance


Definition of "Time and distance reinsurance"

Stephanie Herbert
  RE/MAX Action

Type of excess of loss reinsurance in which the insurance company (cedent) receives payments from its re-insurer in a specific pattern of payments.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Simple Rate Of Return

Also called accounting or unadjusted rate of return. The return computed by dividing the anticipated ...

Hedonic Damages

In personal injury cases, damages awarded to the plaintiff for the loss of joy of living. For exampl ...

Equity Yield

Internal rate of return ignoring taxes associated with the capital invested in property. Internal ra ...

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 ...

Book Value

Cost of the assets listed on the accounting records of the company. These assets include the followi ...

Certificate Of Need (con) Laws

Federal legislation passed in 1974 that mandated that legislators in all states that are in receipt ...

Related Real Estate FAQ

Should I Pay Extra Each Month?

This calculator figures how much interest savings you will have depending on how much extra you pay ...

Who Is A Subagent?

A subagent is an agent who works with you to purchase a house but is paid by the seller. ...

What Is A Wraparound Mortgage?

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

What Is A Subdivision?

A subdivision is a piece of land divided into several plots in which homes are built. ...

What Is A Mortgage?

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

What Is A Default?

A default is when a person fails to make payments on a loan. ...

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

Foreclosure - The Pros and Cons of Buying Rent or Buy - the pros and cons What is Earnest Money How To Get A Loan with Bad Credit What Must I Disclose When Selling My Home?

FAQ

What is a Multiple Listing Service (MLS)? What is a deed? What is a Buildable acre? What is an annuity? Do you have any tips to help me manage my investing?