In a Typical Closing, Insurance Prorations Will Usually Be a Credit

question 21

True/False

In a typical closing, insurance prorations will usually be a credit to the seller and an expense to the buyer.

---

Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, used in statistics to quantify the degree of difference from the average.

Beta

A metric indicating the level of fluctuation or inherent risk in a security or portfolio relative to the overall market.

Market Risk

The potential for investors to lose money due to fluctuations in market prices.

Beta

A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates that the stock is more volatile than the market.