Skin

Definition of "Skin"

Outside layer or covering for a structure. It may be a coating of material for protection against inclement weather.

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Related Real Estate Glossary terms

Interest Maintenance Reserve (imr)

Liability reserve, establishment required by the national association of insurance commissioners (na ...

Retroactive Date

Date after which losses may occur and be covered under a claims-made basis liability coverage. ...

Material Misrepresentation

Falsification of a material fact in such a manner that, had the insurance company known the truth, i ...

National Association Of Insurance Brokers (naib)

Trade association of commercial insurance brokers whose objective is to further the interests of the ...

Negative Points

Points paid by a lender for a loan with a rate above the rate on a zero point loan. For example, a ...

Contour

A line on a map or drawing showing equal ground elevation points. See also contour map. ...

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A down payment is the money you pay up front for the purchase of a home. ...

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A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

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PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

What Is A Counteroffer?

A counteroffer is an offer made by one party that makes changes to the original or latest offer of t ...

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