Contractual Savings | Real Estate Glossary

Definition of "Contractual savings"

Transaction savings realized by setting a fixed and certain price.

Coverage for an insured's liability for damage to another's property from leakage or overflow of wat ...

Rating method for commercial fire insurance according to a predetermined schedule. Published by A. F ...

Amount of rent specified in the lease contract. ...

Reserves required by state regulators. Because regulators must assure that an insurance company rema ...

Insurance company established by a trade group or other association to provide selected types of pri ...

The person named in a deed who acquires ownership. ...

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

A Ginnie Mae is a name for the Government National Mortgage Association (GNMA), which is a governmen ...

A person authorized to work on anothers behalf-for instance, a person authorized to sell or buy a ho ...

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

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