Excess Incomerent | Real Estate Glossary

Definition of "Excess income(rent)"

Rental income received from property that exceeds the costs of owning and maintaining the property.

Insurance protection written in the form of a single line policy. ...

One who is trained in the measurement of land for the purpose of determining its perimeter boundarie ...

Coverage for specialists in various professional fields. Since basic liability policies do not prote ...

One-story house with a low pitched roof often having an open floor plan. ...

Lien which is over and above a first lien. A second lien is subordinate to the first lien and can b ...

Mechanism for contractually shifting burdens of a number of pure risks by pooling them. ...

A lock in guarantees a certain interest rate for a certain period of time. ...

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

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

Line of insurance, which included coverages that are designed to protect the insured against a loss ...

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