Property and real estate glossary
There are 150 entries in this glossary.H
| Term | Definition |
|---|---|
| HAZARD INSURANCE |
Real estate insurance protecting against fire, some natural causes, vandalism, etc., depending upon the policy. Buyer often adds liability insurance and extended coverage for personal property. |
| HOMESTEAD |
A statutory protection from execution or the establishment of title by occupation of real property in accordance with the laws of various states or the Federal Government. |
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