Glossary of terms used on this site

There are 149 entries in this glossary.
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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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