Continuing Commitment | Real Estate Glossary

Definition of "Continuing commitment"

Recurring obligation or assurance given.

Shortened report showing pertinent insurance policy information, copies of which are distributed in ...

Average number of business days an office space is being used. ...

Period of time during which notice of claim and proof of loss must be submitted by the insured or hi ...

Transaction in which the property owner (for example, a pension fund) agrees to pay the insurance co ...

Governmental body that reviews property tax assessment procedures. ...

Standard language in real estate contracts and prospectuses-usually in small print. ...

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

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

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

Provides financial protection for a limited, specified period of time, at a lower cost than permanen ...

A principle of insurance which provides that when a loss occurs, the insured should be restored to t ...

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