Assume | Real Estate Glossary | Realestateagent.com

Definition of "Assume"

To undertake or take on a responsibility or duty.

The assumption of a mortgage, with permission of the lender, from a borrower unable to continue mak ...

Amount of insurance remaining on a ceding company's books, net of the amount reinsured. ...

Removing a debt by making full payment. A mortgage discharge is a document formally specifying that ...

Difference in the amount of losses between the beginning and end of a time period. ...

Form of insurance that insurance companies buy for their own protection, "a sharing of insurance." A ...

U.S. government agency (formerly the Atomic Energy Commission) responsible for regulating the nuclea ...

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report ...

It is where you live and where your possessions are. Chances are, it\'s your asset. But more than po ...

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

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

The public tax assessor value of a property as determined for the purpose of taxation. ...

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