Choose In Action

Definition of "Choose in action"

Claim or debt that may be recovered by instituting a lawsuit.

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Related Real Estate Glossary terms

Public Truckmens Legal Liability Form

Inland marine policy that covers truck drivers for loss or damage to merchandise they haul. The Inte ...

Master Plan

Plan describing both through narrative and maps the overall land use of a designated urban area. It ...

Charitable Gift Annuity

Donation of amount "A," made by donor X to a charity. The charity agrees to pay donor X an amount (" ...

Health Insurance

Three basic plans are available to cover the costs of health care: commercial health insurance, priv ...

Discontinuance Of Plan

Termination of a plan. Under federal tax law, a plan can only be terminated for reasons of business ...

Backdating

Calculation of insurance premiums based on an age less than the current age of the insured. ...

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A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

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

What Does A Back-end Ratio Mean?

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

What Is A Quit Claim Deed?

A quit claim deed is a formal document that denies a claim to a certain property. Often used to clea ...

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