Superfund at Real Estate Glossary

What is it? Popular name of the hazardous waste cleanup fund established by the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA) as amended by the Superfund Amendment and Reauthorization Act of 1986 (SARA). Superfund focuses on the cleanu

Real Estate Definition Added By: Arianna

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Other Similar Real Estate Terms:

Real Estate Term High-rise is Any building higher than six stories.

Real Estate Term Margin is The lenders retail markup on the mortgage. For example, if the index rate for an adjustable-rate mortgage is 5 percent but the lender has a 2.5 percentage-point margin, the rate the borrower will pay is 7.5 percent.

Real Estate Term Fixture is Personal property permanently attached to a house, such as drapery rods, toilets, built-in bookcases or a furnace.

Real Estate Term Capital improvement is Any improvement that extends the life or increases the value of a piece of property.

Real Estate Term Disability insurance is An insurance policy which covers an individuals ability to produce income.