Oconee County Real Estate
Real Estate Terms | H
Hazard Insurance
Protects against damages caused to property by fire,
windstorms, and other common hazards.
Home Owners Association
An association of homeowners within a community formed
to improve and maintain the quality of the community.
An association formed by the developer of condominiums
or planned developments.
HUD
U.S. Department of Housing and Urban Development. Office
of Housing/Federal Housing Administration within HUD
insures home mortgage loans made by lenders and sets
minimum standards for such homes.
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