York Antwerp Rules

Definition of "York antwerp rules"

Treaty adopted by most major countries to determine adjustment for general average in ocean marine insurance.

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Related Real Estate Glossary terms

Skylight

A window in a roof or ceiling of a structure from which light enters the house. ...

Tuition Form

Coverage in the event a school, summer camp, or similar operation suffers loss of tuition because a ...

Personal Jewelry Insurance

Coverage on jewelry and precious stones on an all risks basis at any location subject to exclusions ...

Future Buy-out Expense Option

Option clause in a disability buy-out insurance policy that permits the owner of the policy to incre ...

Average Semiprivate Rate

In health insurance, the applicable average rate charged for a semiprivate room in the geographical ...

Floor Loan

A minimum amount a lender is willing to provide on a commercial loan for a building designed to be t ...

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What Is A Gift Letter?

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

What Is Hazard Insurance?

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

What Is Cooperative?

Cooperative is a form of home ownership in which you own shares in a corporation. In return for the ...

What Happens When You Prequalify?

When you are prequalified, the lender gives you an estimate but does not formally commit to giving y ...

What Is An APR And What Does It Include?

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortga ...

What Is Equity?

Equity is the financial interest or cash value of your home, minus the current loan balance(s). If s ...

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