Ingress/egress Refers To

question 84

Multiple Choice

Ingress/egress refers to:

• A) ability to see the store and enter the parking lot safely
• B) the renewal and rebuilding of offices, housing, and retailers in deteriorating areas
• C) the ease of entering and exiting a site's parking lot
• D) the amount of crowding of either cars or people
• E) None of these

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Definitions:

Insure Premises

The process of obtaining insurance coverage for physical property against loss or damage.

Collateral Mortgage

A type of mortgage where the borrower offers property as security for the loan, beyond the purchased property itself.

Foreclosure Proceedings

The legal process by which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments, usually leading to the seizure and sale of the borrower's property.

Registered Discharge

The process of officially recording the removal of a legal claim or lien against an asset, typically property.