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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Person who dies leaving a will specifying the distribution of the estate. ...

Payment to a beneficiary that does not vary; for example, a fixed monthly retirement income benefit of $800 paid to a retired employee. ...

(1) Government seizes private property, but does not provide fair and reasonable compensation for it. (2) Property is seized and the owners rights abolished because of a legal violation. ...

Coverage for an insured firm if its business debtors fail to pay their obligations. The insured firm can be a manufacturer or a service organization but it cannot sell its products or ...

Date, in insurance, on which a person becomes one year older. Depending on the insurance company, premiums in life and health insurance manuals are figured to the age-nearest-birthday or ...