| HARBOR LINE | An arbitrary line set by authorities on navigable rivers, beyond which wharves and other structures may not be built, also designated as line of navigation. |
| HAZARD INSURANCE | Insurance that covers events such as earthquakes, floods, tornadoes, and other "acts of God". |
| HEIR | One who might inherit or succeed to an interest in land under the rules of law applicable where an individual dies without leaving a will. |
| HIATUS | A gap or space left between two parcels of land and not included in the legal description of either parcel. Similar terms are Gaps and Gores. |
| HOME REPAIR LOAN | Used for repairs and additions to existing structures without affecting existing mortgage. Typically 10 years or less in length. |
| HOME WARRANTY INSURANCE | Private insurance for homebuyers that covers appliances and plumbing, heating, and electrical systems in the home. |
| HOMEOWNER'S INSURANCE | An insurance policy that combines liability coverage and hazard insurance. |
| HOMEOWNER'S WARRANTY | A type of insurance that covers repairs to specified parts of a house for a specified period of time. |
| HOMESTEAD DEED | A declaration filed in the land records that an individual is asserting his homestead exemption. That exemption allows one to protect some assets (amount varies by state) against the claims of creditors. |
| HUD 1 | A form settlement (closing) settlement required by HUD where federally related mortgages are being made on residential properties. It is a balance sheet showing the source of funds and the distribution of funds in connection with the purchase and/or mortgage. |
| HUD FLOOD ZONE | An area prone to flooding, as determined by the Housing and Urban Development, a branch of the federal government. |
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