Homeownership

Definition of "Homeownership"

Residing in a structure that the individual owns.

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Related Real Estate Glossary terms

Conditional Receipt

Evidence of a temporary contract obliging a life or health insurance company to provide coverage as ...

Warranty Insurance

Taken out on property to replace or repair it if it malfunctions. It covers parts and/or service. An ...

National Emergency Management Association (nema)

Association comprised of 59 state and territorial emergency management directors having as its purpo ...

Audit

Examination of the financial records of a business to uncover errors and other irregularities. Invol ...

Single Risk Cargo Insurance

Marine cargo coverage for a single shipment of goods. Also known as special risk insurance and trip ...

Fireproof

Materials that are inherently noncombustible, are widely used in constructing exterior surfaces and ...

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