Class Action

Definition of "Class action"

Lawsuit brought by one or more persons of a large group for the benefit of all members of the group.

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Related Real Estate Glossary terms

Cumulative Liability

Reinsurance: total of the limits of liability of all reinsurance policies that a reinsurer has outst ...

Cover Note

Statement made by agent or broker in written form attesting to the insured that the insurance policy ...

Pension Plan Integration With Social Security

Offset or subtraction of Social Security benefits from earned benefits in a qualified pension plan t ...

Premium Receipt

Written evidence given to a policyowner by an insurance company or insurance agency that it has rece ...

Appurtenance

Item that is part of something else that goes with the property. ...

Heirs And Assigns

Language commonly used in a fee simple title conveyance. The significance is whether the title is cl ...

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