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2 terms found.
1. HOLIDAY HOUSE - Usually a furnished house available to rent for periods of 1 day to many weeks. Found in holiday areas such as Pearl Beach
2. HOUSEHOLD INSURANCE - Insurance against all risks including theft, weather damage and fire. Because the purchaser becomes the legal owner immediately on the exchange of contracts, household insurance should be taken at this point. For rental properties you need to advise the insurer that it is being used for this purpose.
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