Asset | Real Estate Glossary | Realestateagent.com

Definition of "Asset"

Economic resource that is anticipated to provide benefits to a business.

Sickness incurred by the insured that does not require restriction of activity to the indoors. ...

Money set aside to buy new assets when the older ones are no longer appropriate for the intended us ...

Person who has been authorized by the insurance company to pay a loss (s) incurred by the insured. ...

Proceeds from a life insurance policy paid on a monthly basis instead of in a lump sum. ...

A mortgage set up as a line of credit against which a borrower can draw up to a maximum amount, as o ...

An adjustment to the internal rate of return (IRR) computation so as to improve this measure. This u ...

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

The process of paying off a loan balance. As you make payments, a certain amount is applied to the p ...

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

A title is the right of property ownership. ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

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