Insurable Interest

One who has committed a tort. A tort is a civil wrong that occurs as a result of a breach of legal duty owed to someone, e.g., negligence. A tort does not arise from a breach of contract. ...

Looking for an amortization definition? Amortization is an accounting term that basically means something like “reducing the gap between what is owed”. Here’s the play by ...

Represents a means of appraising a building by simply multiplying its square foot cost by the total amount of square feet in the structure being evaluated. Two or more buildings may then be ...

Method of using the buyer's down payment on a home as an interest bearing collateralized account to help offset the mortgage amortization process. The home down payment is used to ...

Favorable occurrence providing a good chance for success, usually in financial terms. ...

(1) Payments made at the end of a time period. (2) Late or overdue payment. Payments which are in default. ...

The midpoint in a range of numbers. For example, the median (middle value) of a house in Nassau County on Long island in New York is $150,000. By using median values, a prospective buyer or ...

Value that a speculator believes an investment will reach at some point in the future. ...

For the second-largest city in Arizona, Tucson in ways feels like the arty and quirky younger sibling of Phoenix. Located in Pima County which also governs, Tucson, also known as the Old ...

So you’re thinking of moving to Boca Raton. We’ve all been there. Whether it’s within your price range or not, Boca Raton is a gorgeous city and you can’t blame ...

South Florida is one of the most beautiful and sought after places in the state and even in the world. Everyone has heard of Miami, and not many have the once in a lifetime opportunity to ...

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that payment back for the months you are ...

Whether you like music, love nature or you just want to be part of a vibrant community, the state of Tennessee has it all. But, you are not here to find out more about the state as a whole, ...

Located in the Heart of North Carolina, High Point NC has a population of about 110,000 residents, and it is known for its amenities, communities, and architecture. The city of High Point ...

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There are many places across the United States that are great for families to live or for young professionals. The Villages from Florida is one of those places but with a focus on retirees. ...