Dynamic Risk
Definition: The risk that arises from the constant change in the business environment and thus dynamic risk cannot be transferred to an insurer. P...
Jan 08 , 2016
Due-on-sale Clause
Definition: An acceleration clause found in most mortgage loans, requiring the mortgagor to pay off the entire mortgage debt when the property is s...
Jan 08 , 2016
Dual Agent
Definition: A situation where an agent (or agency) represents both principals in a transaction. (not a legal agency relationship in Florida). Pro...
Jan 08 , 2016
Down Payment
Definition: A portion of the purchase price paid prior to closing the transaction. Earnest money may be either part of or the entire down payment....
Jan 08 , 2016
Double-hung
Definition: A window consisting of two sashes that move up and down in a pair of channels and are held open by tension springs. Pronunciation: \ˌdə...