Examlex
A ________ is a civil wrong,such as negligence,that can be grounds for a lawsuit.
Closing Costs
The expenses, over and above the price of the property, that buyers and sellers normally incur to complete a real estate transaction.
Escrow Agent
A neutral third party responsible for holding and distributing funds or property until certain conditions are met in a transaction.
Real Property
Land and anything permanently attached to it, such as buildings and fixtures.
Insurable Interest
A legal requirement for obtaining insurance policies, stipulating that the policyholder must stand to suffer a financial or personal loss from the insured event.
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