Water Quality Improvement Act Of

Definition of "Water quality improvement act of 1970"

1970 federal law that requires shipowners to clean up or pay for the cleanup of waters polluted by discharges from their ships. Shipowners may be refused navigation privileges if they cannot demonstrate that they have the financial resources to pay for cleanups.

Search Real Estate Glossary

Related Real Estate Glossary terms

Balance

The amount of the original loan remaining to be paid. It is equal to the loan amount less the sum of ...

Flexible Portfolio Accounts

Accounts in which assets are allocated across the spectrum of equity, debt, and money market instrum ...

Loss Payable Clause

Coverage for a mortgagee where real or personal property, used as security for a loan, is damaged or ...

Government Life Insurance

Coverage for present and past U.S. uniformed services members under one of these programs: United St ...

Amortization

Gradual reduction of a loan amount over time, such as paying off the principal of a mortgage. ...

Long-term Disability Income Insurance

Coverage that provides monthly income payments for as long as an insured remains disabled. The insur ...

Related Real Estate FAQ

What Is A CD?

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

What Happens When A Property Starts To Depreciate?

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

What Are My Coverage Options?

Our agents have a wide range of coverages available, as well as an array of choices for limits and d ...

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

What Is Joint Tenancy?

A joint tenancy is an equal, undivided ownership in a property by two or more individuals. ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

Build or Buy? That’s the Big Question How to become a real estate agent When to buy a house How To Choose A Realtor Mortgage Loan Types

FAQ

What is an easement? What is a balloon mortgage? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What is an amortization? What is an agent?