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Real Estate Glossary | | | You can either type in the word you are looking for in the search box or browse by letter | | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z |
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Impounds:A trust type of account established by lenders for the accumulation of borrower's funds to meet periodic payments of taxes, mortgage insurance premiums, and/or future insurance policy premiums, required to protect their security.
Indemnity:Insurance against possible loss or damage. A title insurance policy is a contract of indemnity.
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