The right of an insured to fully inspect a health care policy and return it within ten days for a full refund. The policyholder is usually made aware of this right by a notice on the policy’s face page.

A kind of funding usually used by older people. The funding mandates that the premiums must be payable for a ten-year period, even though the individual will be allowed to retire within that time frame.

To have owned a piece of real estate for a particular amount of time.

A holding or mode of holding, in a state of tenure, temporary possession of that which belongs to another. The period of a tenant’s occupancy; an estate less than freehand, a holding of real estate under a lease, either written or oral. Tenancy in Common : Form of estate held by two or more persons, each of whom is considered as being possessed of the whole of and undivided part. Tenancy of Sufferance : One who holds or possesses real estate by any kind of title, either in fee, for life, for years or at will. In a more limited and popular sense, a tenant is one who has the temporary use of real estate which belongs to another.Tenant : One who holds or possesses real estate by any kind of title, either in fee, for life, for years or at will. In a more limited and popular sense, a tenant is one who has the temporary use of real estate which belongs to another.

The form of property ownership in which each owner owns an undivided interest in real property. In a condominium, all owners have tenancy in common interest in common areas.

A package policy specially designed to meet the normal insurance requirements of a private tenant covering personal belongings and liabilities. Used by those living in apartments or other rented dwellings.

A form of homeowners insurance especially for people who rent.