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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Usually term insurance for one year added to a basic life insurance policy. In effect, this increases or decreases the face amount of the basic policy to reflect cost-of-living changes as ...

Charge assessed on the remaining principal, often contained in mortgages, when an obligation is paid before its due. ...

To put it simply, acquisitions are a common occurrence in the business world, and they happen to small, medium, and large businesses alike. The definition of acquisition is a company ...

An attached dwelling in a multiple housing complex having at least two floors and usually a garage. Such dwellings are typically found in condominiums and cooperatives. ...

Exchange of a new policy for one already in force. ...