Subrogation Rights
Definition of "Subrogation rights"
Rights allowing an insurer to act against a negligent third party to receive reimbursement for payments made to an insured.
Popular Real Estate Terms
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Claude in a contract, title, or mortgage that is subject to being annulled, repealed, or revoked upon the satisfaction of a claim or completion of a future event. ...
Changing property ownership. An example is the sale of a home to another. ...
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Buyer who is acting in good faith, is not aware of any outstanding claims or rights of others to the property, and has given valuable consideration as part of the business transaction. ...
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