Clean-up of Sewage

Disaster Advice Glossary

Disaster recovery and restoration can be veiled in mystery to the many who have not undertaken specific training. This glossary explains technical terms to assist both report writing and the understanding of those technical terms so often misunderstood.

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Definition

Abandoned Property:

In insurance terminology, abandoned property is property which has been intentionally vacated or discarded, typically because of a hazardous or potentiallly hazardous condition. Education Note:Depending on the situation resulting in the abandonment, the abandoned property rights of a policy.

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