First Quarter: The moon is one-half illuminated by the sun. Occurs when the moon's illumination is increasing, Waxing Gibbous: The moon is more than one-half illuminated by the sun but not completely illuminated. Occurs when the moon's illumination is increasing, Full Moon: The moon is totally visible in the sky. Except during a lunar eclipse, Waning Gibbous
Property Preservation â This term refers to the industry of professionals who provide services to banks and asset management companies on their foreclosure houses. Typical services provided are repair, inspection, insurance claim management and maintenance. Also known as Mortgage Field Services.
DEFINITION of 'Title Insurance'. Insurance that covers the loss of an interest in a property due to legal defects and that is required if the property is under mortgage.Most title insurance is lender's title insurance, which is paid for by the borrower but protects only the lender.Owner's title insurance is a separate policy; in some areas it is paid for by the seller to protect the buyer's equity in the property.EFINITION of 'Title Insurance'. Insurance that covers the loss of an interest in a property due to legal defects and that is required if the property is under mortgage.