Home
E-Mail
Latest

Homeowners Insurance at Real Estate Glossary

What is it? This insurance includes hazard coverage for any damages that may affect the value of a house, in addition to personal liability and theft coverage.

Real Estate Definition Added By: Benjamin

The Homeowners Insurance definition has been viewed 236 Time(s)!




Send To Friends!

If you'd like to send the Homeowners Insurance definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Homeowners Insurance. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Bulk Sales Act is An act that requires the recording and publication of a sale that is not in the normal course of business. The act is intended to give notice to the creditors of the seller so they can protect their interests.

Real Estate Term Deed In Lieu Of Foreclosure is Voluntarily signing over to a lender the property pledged as collateral on a defaulted loan. It is an alternative to a foreclosure action. Its main disadvantage to a lender is that the deed does not wipe out junior liens, as a foreclosure action would. (S

Real Estate Term Community Reinvestment Act is A federal law that encourages financial institutions to loan money in the neighborhoods where minority depositors live.

Real Estate Term Power-Of-Sale Clause is A clause in a mortgage authorizing the holder of the mortgage to sell the property in the event of the borrowers default. The prodeeds from the public sale are used to pay off the mortgage debt first, and any surplus is paid to the mortgagor. A power-of-

Real Estate Term Percolation is 1) The movement of water downward in a circular direction through subsurface soil layers, usually continuing downward to ground water. Can also involve upward movement of water. 2) Slow seepage of water through a filter.