Household


Definition of "Household"

Kim Heinz
Kim Heinz Illustrated Properties

Group of people residing in one home, usually consisting of a family.

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Popular Real Estate Terms

Property Insurance Coverage

Coverage for direct or indirect property loss that can be analyzed under the following headings: Peril a particular peril may be included or excluded ...

Homeowners Insurance Policy

Package policy that combines coverage against the insured's property being destroyed or damaged by various perils, and coverage for liability exposur ...

Trip Transit Insurance

Coverage on a single shipment of property while in temporary storage or in transit. This policy is most commonly used in moving of household goods, wh ...

Personal Effects Insurance

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Popular Real Estate FAQ

What Does An Appraisal Mean?

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

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from disputes over the title of a property. ...

What Is A Seller Disclosure?

A seller disclosure is a form required by most states; the seller uses this form to disclose any known defects of the home. ...

What Is Homeowners Insurance?

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard insurance coverage for a residence and its contents. ...

What Is Earnest Money?

Earnest money is a deposit you make when you make an offer on a house. ...

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair ...

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