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Glossary Term: Property Ownership
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A form of insurance that protects property owners from financial losses arising from disputes or defects related to the property’s title or ownership history.
A type of trust used for estate planning purposes that cannot be modified or revoked by the grantor (creator) once it is established. This can be relevant for short-term rental property owners.
A type of mortgage where the interest rate remains the same for the entire loan term, providing predictable monthly payments for short-term rental owners.
The process of arranging for the management and disposal of one’s assets (including short-term rental properties) in the event of incapacity or death.