Final Degree


Definition of "Final degree"

Terri Lee Bloom
  Re/Max New Trend

A judgment of a court issued as a final order after hearing all the evidence and material directly related to some matter before its consideration. A final degree considers al the rights to the parties on the subject matter, and finally concludes its consideration of the matter.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Proportional Reinsurance

System whereby the re insurer shares losses in the same proportion as it shares premium and policy a ...

Prohibited Transactions

Actions not allowed between a trust and a disqualified person under the employee retirement income s ...

Basis

Figure or value which is the starting point in computing gain or loss, depreciation, depletion, and ...

Postselection Of Insured

Underwriting practice involving regular review of insurance contracts in force with the intent of ei ...

Appraisal Process

Written report or affidavit by an appraiser that includes the date and purpose of the appraisal, a d ...

Intrastate Carrier

Insurance company that restricts its underwriting of risks to one state. ...

Related Real Estate FAQ

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

Do I Need Flood Insurance?

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

What Is A Conventional Mortgage?

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insur ...

What Is Escrow?

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

What Are The Benefits Of Liability Insurance?

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

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? Top Five Reasons Your Home Offer was Rejected What Must I Disclose When Selling My Home? Why Use a Real Estate Agent? 5 signs of house foundation problems

FAQ

What is the difference between a real estate broker and a real estate agent? What is title insurance? What is a closing? What is a term? What do I need to know about Auto Insurance?