| binder |
1. A written commitment from an insurance company to insure a property or a certain risk; or 2. A preliminary agreement to purchase a property accompanied by a forfeitable deposit which is lost if the purchaser does not complete the purchase of the property.
Ãâó: www.titlecorockies.com/dictionary_b.htm
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| binder |
?an agreement by the Company to cover a risk, pending the issuance of a policy. This can be verbal, in writing or on a printed form.
Ãâó: www.lkinsurance.on.ca/glossary.html
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| binder |
A report issued by a title insurance company setting forth the condition of title to certain property as of a certain date, and setting forth conditions, which if satisfied will cause a policy of title insurance to be issued.
Ãâó: www.prefmtg.com/terms.htm
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| binder |
Finish or resin added to the stain, used to lock the pigment and dyes into the wood.
Ãâó: www.barewoodfurniture.net/FAQ/glossary.htm
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| binder |
Sometimes known as an offer to purchase or an earnest money request. A binder is the acknowledgment of a deposit along with a brief written agreement to enter into a contract for the sale of real estate.
Ãâó: www.c21losbanos.com/RealEstateTerms.htm
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