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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Initial offer to buy or sell answered with a revised offer. For example, a buyer offers $500,000 for a home put on the market. The owner rejects the offer but submits a counteroffer for ...

Gift of real property as stipulated in a will. ...

same as term Lost Policy Receipt: life insurance company form to be signed by a policyholder who wishes to surrender a policy that has been lost. The signed receipt then becomes evidence ...

Income (premiums + investment earnings) minus disbursements (dividends + death claims + policies surrendered for benefits + general expenses). ...

Stipulations of the rights and obligations of an insured and an insurer under a policy. ...