Assume | Real Estate Glossary | Realestateagent.com

Definition of "Assume"

To undertake or take on a responsibility or duty.

Coverage against loss as the result of a burglary. Found as part of the commercial package policy th ...

Coverage on an all risks basis for glass breakage, subject to exclusions of war and fire. Thus, if a ...

Rules regarding day-to-day use of the premises. ...

Limiting provision. Exclusions listed in group health plans include: benefits under Workers Compensa ...

Gain that occurs when the move in the underlying asset in one direction is similar to the loss when ...

The loan balance remaining at the time the loan contract calls for full repayment. ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

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

An inspection is a close and thorough examination of a house and property. A licensed individual usu ...

You need separate coverage for the variety of risks you face when storing, launching, hauling or run ...

The insurance company will replace it with a model as close to it as possible in the current retail ...

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

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