Real
Estate Insurance Terms - Y
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YACHT
BASIN - A system of docks and channels used for the keeping of
yachts and similar boats.
YARD - (1) A measure of 36". (2) The area between the building
and property line of a residential property (back yard, side yard,
front yard). (3) An enclosure in or out of a building, used for
a business purpose (lumber yard, etc.).
YIELD
- Ratio of income from an investment of the total cost of the
investment over a given period of time.