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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Increase in the value of property caused by inflation. For example, John buys a home for $150,000. Because of inflation, the home is worth $200,000 five years later. The inflation equity in ...

Action in which an insurance company develops an insurance product and sells that product to a third party (usually financial advisers such as accountants, lawyers, and/or bankers) who add ...

Privately formed insurance company whose objective is to make a profit. ...

Coverage when business records are destroyed by an insured peril and the business cannot collect money owed. The policy covers these uncollectible sums plus the expense of record ...

Insurance company representative who sells debit life insurance (industrial life insurance). This agent is usually more of a collector of small premium payments on a weekly, biweekly, or ...