Keller Williams Realty

Real Estate Glossary Terms

• Bungalow

  Small one story frame house or cottage. ...

• Insurance Programs

  Insurance furnishes an important tool in satisfying the financial objectives of people or a business entity. The type and amount of insurance varies with age, property, rental income, and requirements of a person. Insurance is designed as a "replacement". For example, homeowners coverage indemnifies ...

• Warranty

  Guarantee by a seller to a buyer to satisfy, for a specified time period, problems in the quality or performance of items within the home. There is usually no additional charge during the warranty period. ...

• Pyramid Zoning

  Form of zoning regulation permitting all the uses permitted in more restrictive zoning to also apply to less restrictive zoning. The net affect of pyramid zoning is to pyramid only a few uses to more restrictive zoning regulations while allowing the broader base of uses to be applicable in less rest ...

• State High Risk Pools For The Medically Uninsurable

  State plans that provide health insurance coverage for those who are unable to purchase medical insurance. Coverage is provided by a specially formed nonprofit-making pool comprised of all the health insurance companies doing business in that particular state. The pool offers the insurance coverage ...