A policy that covers any loss of rent or rental value in the event that fire or other damage renders the property uninhabitable. …
Renter’s Insurance
A policy for renters that covers the replacement value of possessions. …
Repayment Plan
When a borrower falls behind in mortgage payments, many lenders will negotiate a repayment plan rather than go to court. …
Replacement Cost
The current cost of rebuilding a structure to its original specifications. …
Replacement Reserve Fund
Money that is set aside from homeowners' assessments to replace common property such as furniture in a planned development's community room. …
Repointing
Replacing damaged mortar in the joints between bricks or stones. …