Assume | Real Estate Glossary | Realestateagent.com

Definition of "Assume"

To undertake or take on a responsibility or duty.

Deductible that applies for the year. For example, a business pays for the first $40,000 of losses i ...

Coverage against foreign country expropriation underwritten by the overseas private investment corpo ...

Publication stipulating underwriting rules applicable for a given line of insurance, classifications ...

Mutually binding property sales contract where the title remains with the seller until the purchase ...

It fosters uniformity and quality in title abstract and insurance policies. ...

Court appointed male who manages an intestate's property including all assets and liabilities. ...

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

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

A second mortgage is a type of mortgage on property that has alien already on the first mortgage. Th ...

A basic policy is a homeowners insurance policy that covers certain perils. ...

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

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