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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Laws in most cases protecting life insurance policies from an insured's creditors. These laws typically exempt death benefit proceeds and policy cash values from attachment by creditors, ...

A lien on property such as for the nonpayment of real estate taxes or mechanic's lien for repairs to the home without the consent of the owner, created by operation of law. ...

Same as term Excess of Loss Reinsurance: method whereby an insurer pays the amount of each claim for each risk up to a limit determined in advance and the re-insurer pays the amount of the ...

Capacity of parties to an insurance contract to understand the meanings of their action in order for the contract to be valid. ...

Land located on a precipice. ...