Beneficiary


Definition of "Beneficiary"

Barbara Golightly
  Island Blue Properties

Individual who will receive an inheritance upon the death of another. The proceeds of an insurance policy may be in a lump sum annuity. Real estate also passes to the beneficiary.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Occupancy And Fire Rates

Direct relationship between the use to which a building is put and the likelihood that it will catch ...

Blanket Insurance

Single policy on the insured's property for: two or more different kinds of property in the same loc ...

Profit And Loss Statement

Same as term income statement: Also called profit and loss statement. A financial statement depictin ...

Intermediate Policy

Insurance policy that combines the characteristics of a debit insurance policy with that of an ordin ...

Loss Prevention And Reduction

Risk management control procedure that emphasizes safety management. Its purpose is to reduce the fr ...

Central Limit Theorem

Statistical approach stating that if a series of samples is taken from a stable population, the dist ...

Related Real Estate FAQ

What Is A Lien?

A lien is a claim against a property. ...

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Is Earnest Money?

Earnest money is a deposit you make when you make an offer on a house. ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

How is Square Footage Determined? 6 Reasons you are not selling properties What is Earnest Money Tax Breaks for the First Time Home Buyer 5 U.S. Cities with the Best Public Transportation

FAQ

How can I figure out my debt-to-income ratio? What happens when a property starts to depreciate? What is a mortgagor? Do I need Life Insurance? What is a title search?