Real Estate Term of the Day: Historic District, Historic Preservation, Historic Structure

Real Estate Term of the Day: Historic District, Historic Preservation, Historic Structure HISTORIC DISTRICT – a designated area where the buildings are considered to have some significant historic character. Such designation makes the area eligible for certain federal assistance programs and protects the area from clearance in conjunction with federally sponsored programs (Barron’s Dictionary of … More Real Estate Term of the Day: Historic District, Historic Preservation, Historic Structure

Real Estate Term of the Day: Hazard Insurance & Homeowners’ (Insurance) Policy

Real Estate Term of the Day: Hazard Insurance & Homeowners’ (Insurance) Policy HAZARD INSURANCE – a form of insurance that protects against certain risks, such as from fires or storms (Barron’s Dictionary of Real Estate Terms)  HOMEOWNERS’ (INSURANCE) POLICY – an insurance policy designed especially for homeowners. Usually protects the owner from losses caused by most … More Real Estate Term of the Day: Hazard Insurance & Homeowners’ (Insurance) Policy