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  2. Does homeowners insurance cover foundation repair? - AOL

    www.aol.com/finance/does-homeowners-insurance...

    According to Home Advisor, the average cost of a foundation repair ranges from $2,160 to $7,760. But the cost of foundation repairs can range widely depending on the extent of the damage and the ...

  3. Settlement (structural) - Wikipedia

    en.wikipedia.org/wiki/Settlement_(structural)

    Settlement is the downward movement or the sinking of a structure's foundation. It is mostly caused by changes in the underlying soil, such as drying and shrinking, wetting and softening, or compression due to the soil being poorly compacted when construction started. [1] Some settlement is quite normal after construction has been completed.

  4. Natural Hazards Commission - Wikipedia

    en.wikipedia.org/wiki/Natural_Hazards_Commission

    In 1993, $100,000 was enough to cover the cost of rebuilding most houses: in 2018, building costs had increased more than fourfold. In most cases, private home insurance policies cover the cost of natural disaster damage above the amount paid by the commission.

  5. Real Estate Settlement Procedures Act - Wikipedia

    en.wikipedia.org/wiki/Real_Estate_Settlement...

    The Real Estate Settlement Procedures Act (RESPA) was a law passed by the United States Congress in 1974 and codified as Title 12, Chapter 27 of the United States Code, 12 U.S.C. §§ 2601–2617.

  6. Glossary of construction cost estimating - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_construction...

    A Allocation of costs is the transfer of costs from one cost item to one or more other cost items. Allowance - a value in an estimate to cover the cost of known but not yet fully defined work. As-sold estimate - the estimate which matches the agreed items and price for the project scope. B Basis of estimate (BOE) - a document which describes the scope basis, pricing basis, methods ...

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  8. Foundation (engineering) - Wikipedia

    en.wikipedia.org/wiki/Foundation_(engineering)

    Foundation with pipe fixtures coming through the sleeves. In engineering, a foundation is the element of a structure which connects it to the ground or more rarely, water (as with floating structures), transferring loads from the structure to the ground. Foundations are generally considered either shallow or deep. [1]

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