Time Limits


Definition of "Time limits"

Tony Pykiet
  Coldwell Banker Gundaker

Period of time during which notice of claim and proof of loss must be submitted by the insured or his or her legal representatives.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Window Guaranteed Investment Contract (gic)

Type of guaranteed investment contract (GIC) under which a series of payments are made into an accou ...

Purchase Price

Cost of an annuity. Annuities are often paid for in a lump sum rather than annual or other periodic ...

Beneficiary Clause

Provision in a life insurance policy that permits the policy owner to name anyone as primary and sec ...

Large Loss Principle

Transfer of high severity risks through the insurance contract to protect against catastrophic occur ...

Exhaust Fan

Fan with an opening to the outside air that lets stale or hot air exit the structure; usually used i ...

Operating Expense Ratio

Total operating expenses divided by effective gross income. ...

Related Real Estate FAQ

What Is A Down Payment?

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

What Is A Mortgage Broker?

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

What Is A Default?

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

What Is A Mortgage Insurance Premium (MIP)?

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

What Is Homeowners Association (HOA)?

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

What Is A Mortgage Banker?

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

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

When to buy a house What is the Best Time of Year to Buy a Home? Getting Ready to Sell? Don't make these DIY Mistakes! Why Use a Real Estate Agent? Short Sale Homes

FAQ

What are discount points? What is a seller disclosure? What are the Benefits of Liability Insurance? What Will My ARM Loan Payment Be ? What is a commitment letter?