National Flood Insurance
Insurance based on the National Flood Insurance Program, enacted By Congress in 1968. The intent of this legislation is to provide insurance coverage for those people suffering real property losses as a result of floods. To encourage the buying property located in a flood plain area cannot be financed through a federally regulated lender unless flood insurance is purchased.
Popular Real Estate Terms
Misuse, alteration, destruction, or neglect of land by an individual right-fully in possession that breeds a significant and permanent reduction of its value to the legal interest owned by ...
protective wall along a roof or below a terrace. ...
Rental based on a percent of sales or profit that in addition to the constant rental amount. ...
A notice, usually in writing, in which notice of termination is given by one individual or business to another. It is pursuant to a cancellation provision in a contract to forestall ...
Paneled brickwork between timber quarters, a framed wall, or partition. ...
Charges billed for services rendered. They may be on a flat basis or on an hourly rate. ...
Nineteenth-century style home architecture featuring three dimensional ornamentation, made by hand using a chisel and gouge. ...
Right of property owner to have his or her property used in satisfying a loan. Written contract of court judgment placing a lien on a parcel of property as collateral for a loan. An ...
Constructed in place by filling holes drilled through to bearing strata with concrete. ...
Have a question or comment?
We're here to help.