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residential service contract |
Also found in: Acronyms | 0.01 sec. |
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residential service contract An insurance policy that will cover repair or replacement of major home systems,such as plumbing,heating,air conditioning,or electrical.Either the buyer or seller can purchase the contract, although sellers usually do so as an incentive for a buyer to purchase that property rather than another.Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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