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"Prior acts" (or "nose") coverage transfers the retro-active date for an old policy to a new insurance carrier—eliminating the need to purchase tail coverage from the last carrier. Nose coverage is usually less expensive than purchasing tail coverage from the old carrier. Tail coverage costs 2–3 times the expiring premium.
A short sale can help you get out of an underwater situation, but you won’t profit from the sale, and it’ll impact your credit score for some time. This can make it harder to obtain credit in ...
Tail risk is then the chance of a loss occurring due to such events. These tail events are often referred to as black swan events and they can produce disastrous effects on the returns of the portfolio in a very short span of time. Fat tails suggest that the likelihood of such events is in fact greater than the one predicted by traditional ...
A real estate company which is not a member of any MLS may have pocket listings, but may still be willing to cooperate with other real estate professionals in the sale of their listings. A broker or agent having a Pocket Listing can sometimes imply that the property will be sold directly to a buyer by the seller's agent.
Key takeaways. Selling your home through a short sale can help you avoid foreclosure, but it might make it difficult to get another mortgage. Short sales can damage your credit, and they can stay ...
Escrow companies are also commonly used in the transfer of high value personal and business property, like websites and businesses, and in the completion of person-to-person remote auctions (such as eBay), although the advent of new low-cost online escrow services has meant that even low-cost transactions are now starting to benefit from use of ...
A short call is the sale of a call option. With a short call, the trader promises to sell the stock at a specific price by a specific date to the buyer of that call.
In English common law, fee tail or entail is a form of trust, established by deed or settlement, that restricts the sale or inheritance of an estate in real property and prevents that property from being sold, devised by will, or otherwise alienated by the tenant-in-possession, and instead causes it to pass automatically, by operation of law, to an heir determined by the settlement deed.