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Fire insurance requirement form
Fire insurance requirement form A statement signed by the "borrower" agreeing to comply with the lender's requirements for fire insurance coverage.
RELATED TERMS--------------------------------------
Statement A detailed record of transactions in a bank customer's account(s) for a certain period, usually each month, which shows debits, credits, transfers, payroll deposits, account balance, check fees, service charges, ATM activity, etc.
Insurance Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.
SIMILAR TERMS--------------------------------------
Fire rating A rating of the length of time it takes a fire to penetrate a barrier. Designates the ability of a material to contain a fire in a carefully controlled test setting for a specified period of time.
Fire wall A buffer composed of fire-resistant material.
Firenze property Property in Firenze, Italy. Apartments, flats, houses, offices and other property in Firenze.
PREVIOUS AND NEXT TERMS--------------------------------------
Financial management rate of return (FMRR) A multi-year analysis of rate of return. Used by investors in medium and large properties (occasionally on small properties).
Financial statement A brief summary of a person's assets, liabilities and earnings records.
Financing acceptance deadline The date in the offer to purchase that the buyer expects to have the loan commitment from the bank and may be used to nullify the sale contract if the mortgage is not obtained.
Finder's Fee A fee or commission paid to a broker for finding you a mortgage.
Finish grade A finish that prepares a lot for landscaping.
Fire insurance requirement form
Fire rating A rating of the length of time it takes a fire to penetrate a barrier. Designates the ability of a material to contain a fire in a carefully controlled test setting for a specified period of time.
Fire wall A buffer composed of fire-resistant material.
Firm commitment A lender’s agreement to make a loan to a specific borrower on a specific property.
First charge If your property is collateral for more than one property and the borrower defaults on payments, the lender with First Charge has the option to repossess the home.
First lien Primary claim by the lender for satisfaction of outstanding debt. A first mortgage creates a first lien.
This dictionary contains 6433 terms. |
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