General Partner | Real Estate Glossary

Definition of "General partner"

Terry Smith

Century 21

Managing partner of a limited partnership who is in charge of its operations. A general partner has unlimited liability.
Member of a partnership who is jointly and severally liable for all partnerships debts.

Written modification to an insurance policy that alters its provisions. The rider may update the po ...

Relationship of incurred losses plus loss adjustment expense to earned premiums. ...

Giving money, a good, or service that is worth something in exchange for another good or service pro ...

Claim by the pension benefit guaranty corporation (PBGC) against an employer for reimbursement of th ...

Type of guaranteed investments contract that enables the sponsor of the plan to own the title of the ...

Amount borrowed against the cash value of a life insurance policy to pay the premium due. ...

A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a fixed ...

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations ...

A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

A housing ratio is the percentage of your housing payment (principal, interest, taxes, and insurance ...

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

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