Insurance Programs
Definition of "Insurance programs"
Insurance furnishes an important tool in satisfying the financial objectives of people or a business entity. The type and amount of insurance varies with age, property, rental income, and requirements of a person. Insurance is designed as a "replacement". For example, homeowners coverage indemnifies the costs of theft, accident, or fire.
Popular Real Estate Terms
Rental in which the lessee obtains major property rights. Although not legally a purchase of property, theoretical substance governs over legal form and requires that the leased property be ...
A developer is a person that designs or creates something that could be a concept, structure, product or service. An idea can be turned into something real, tangible and the person that ...
(1) Agreement to sell real estate with a pre-arranged reverse but at an established price. This may not be legal in some instances, and any resulting losses may not be tax deductible. (2) ...
Day the attachment of property under a judicial order becomes effective. ...
Net amount received when property is sold. It equals the selling price less outstanding mortgage balance less all costs incurred in connection with the sale. These expenditures include ...
A house having stucco or brick siding mixed with some wood. The house usually is two or more stories. ...
Housing projects specifically designed to meet the community needs of the increasing number of individuals who are largely retired, having no small children. Adult communities are found ...
A detailed list of property. The goods of a business, such as houses by a builder. ...
Real property that is without any obligations, liens, or anything else against it. It is free and clear such as a house without mortgage. ...
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