Homeownership

Definition of "Homeownership"

Residing in a structure that the individual owns.

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Related Real Estate Glossary terms

Unearned Increment

Unexpected increase in the price of property not due to any effort on the owner's part. An example i ...

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Home designs developed after World War II incorporating modern technology, materials, and architectu ...

Grid

Series of intersecting lines dividing a map or chart into equal sections. Series of intersectin ...

Short Rate Cancellation

Cancellation by the insured of a property or disability insurance policy for which the returned unea ...

Specific Stop Loss Insurance

Coverage that goes into effect when an individual's claim reaches a specific threshold selected by t ...

Injunction Bond

Type of judicial bond under which a plaintiff is held liable for damages in the event of a false inj ...

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