Steep Land

Definition of "Steep land"

Land located on a precipice.

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Related Real Estate Glossary terms

Premises Medical Payments Insurance

Supplemental coverage written into or endorsed onto many business and personal liability policies. C ...

Fully Insured Status

Provision in Social Security: to receive retirement monthly income, a participant must have earned i ...

Investment Generation Method

Dividend paid to policy-holder according to the time period in which the policy was sold and the inv ...

Simple Interest Biweekly Mortgage

A biweekly mortgage on which biweekly payments are applied to the balance every two weeks, rather t ...

Interest Deduction

Interest deductible for taxes paid by the taxpayer. It is an itemized deduction on Form (individuals ...

Personal Effects Insurance

Coverage outside an insured's home for personal items usually carried or worn while traveling. Prote ...

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Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

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FSBO means for sale by owner. ...

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An agent who is authorized to open and run his/her own agency. All real estate offices have one prin ...

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A subdivision is a piece of land divided into several plots in which homes are built. ...

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Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

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