Eric Pakulla

 Real Estate Glossary

Real Estate Glossary
Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.



 
Ca - Cal - Car - Cas - Ce - Cen - Ch - Cho - Cle - Co

Col - Com - Con - Cond - Cont - Coo - Cos - Cr - Cro - Cu


Nonrefundable fee to pay for the painting and cleaning of an apartment or office after a tenant vacates the premises.

Drainage system opening, which is fitted with a wye plumbing fitting, and used to remove obstructions. Alternately, the part of a fireplace from which ashes are removed.

Plug that prohibits access to the cleanout fitting during times when it is not in use.

Grade of lumber describing the material as being "clear" of knots and defects.

Title to property without liens, defects or legal encumbrances of any kind.

The clear space or distance between moving objects or mechanical parts or between a moving object and that which it passes through.

Clearance of all vegetation on a site in anticipation of grading or construction.

Grade of lumber describing the material as being "clear" of knots and defects.

Also called an allowable span, it's the distance of the span between supports.

1. Length of material attached to a surface for traction.
2. Piece of wood or metal, which is fastened to, a structural member to support or provide an attaching point for another member.
3. Device with horizontal projections around which a rope can be wound to tie it off.
4. Wedge fastened to a surface.

Installation of cleats on existing joists and beams to support additional joists that are added.

Window situated on top of a vertical structure to furnish air and light for the inside. Raised section of roof with windows. Wall of a church or any similar windowed wall, which rises above the roofs of the flanking aisles and contains windows for lighting the central part of the structure.

U-shaped piece of iron with holes in the ends through which a pin is run to attach one thing to another.

Individual or business paying for the professional services of another person or business.

To fasten a nail or bolt that has been driven through something by bending or flattening the projecting end.

A hard mass of fused stony matter or brick with its shape distorted due to the vitrification process.

Any of the various devices used to fasten things together. Small brick section, which is cut to a specific length.

Also referred to as false header, brick is cut, up to half its size, to set up a pattern.

Moving in the direction of the hands on a clock.

To bar entrance to or exit from something. The points at which the beginning and ending of the outer area of a survey come together.

Wood that has tightly space grain lines.

Toilet tank, which is supported by the bowl.

Roof valley with the courses of shingles from one slope overlapping the valley, with the courses from the opposite slope cut along the valley centerline.

Lease with monthly payments over a given period of time with no charge when the lease expires. At the expiration of the lease, the lessor sells the leased property for a gain or a loss.

Mortgage in which the collateralized property cannot be used as security for another loan.

Complete and continuous electrical circuit.

Monitoring system of cameras that are interconnected so that remote areas can be check from one point, usually for security purposes.

Weather sealed joint used between sections of concrete to allow differential movement between the sections while protecting from moisture.

Continuously looped system used primarily in such instances as refrigeration so that the refrigerant can be circulated, compressed and expanded within the system.

Contour line, which forms a closed loop, which shows either a depression or a mound.

Mortgage in which the collateralized property cannot be used as security for another loan.

Stairway that has finish stringers that cover the end of the risers and treads.

Roof valley, with shingle courses meeting to cover the valley, which are interwoven and overlap in the valley to allow the water to run off.

Last masonry unit in a course.

Small room or cupboard used as storage for clothing, household supplies, linens, etc.

Coiled spring cable, which has a crank handle on one, end and is used for clearing a plugged up toilet by maneuvering the auger down into the drain. Also called a snake.

Plumbing fitting used to connect outlet of a toilet because of its 90-degree turn.

Flange, also called a closet floor flange, which connects the closet bend to the water closet (toilet) by being set slightly above the subfloor surface so that the bottom of the toilet is flush with the finished floor. Attachment is made by cementing the flange to the closet bend by soldering or using a lead and oakum joint. The method of attachment depends on the type of drainage system material used. A wax gasket is fitted between the toilet and the closet flange. Bolts are tightened to hold the toilet in place and to compress the gasket to make a tight seal. Closet flanges are made of plastic or metal.

Flange, also called a closet floor flange, which connects the closet bend to the water closet (toilet) by being set slightly above the subfloor surface so that the bottom of the toilet is flush with the finished floor. Attachment is made by cementing the flange to the closet bend by soldering or using a lead and oakum joint. The method of attachment depends on the type of drainage system material used. A wax gasket is fitted between the toilet and the closet flange. Bolts are tightened to hold the toilet in place and to compress the gasket to make a tight seal. Closet flanges are made of plastic or metal.

Legal procedure in which property ownership is transferred.

Using the measurements of a survey to find the area of a piece of land.

Expenses incidental to the closing of title, which are in addition to the price of the property. These items include loan, title and appraisal fees.

All of the conditions of the purchase and sale agreement have been fulfilled and the escrow agent has prepared a written summary of the funds received in escrow and those funds are now paid out.

Document detailing the final financial settlement and costs paid by both buyer and seller of a property.

Legal procedure in which property ownership is transferred.

1. An object used to close off an opening.
2. Material used to conceal joints.
3. Cap that is used on the end of a length of pipe.
4. Short masonry units placed at the ends of courses to maintain a bond pattern.

Resilient material for filling voids between panels, etc.

The spring-rewind covers with retractable clotheslines.

A claim, lien or encumbrance, which, if valid, may impair the owner's title to the property. Property can be transferred but its market value may be reduced.

Painted surface with uneven color or gloss.

Grouping of things of the same sort.

Planned subdivision where detached housing is located in close proximity to each other and share common open space including recreation areas and parking.

1. A device for gripping and holding.
2. Mechanical device for engaging and disengaging a motor or engine.

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Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.

Eric Pakulla
MARKETING EXPERTS, BUYER SPECIALISTS
RE/MAX Advantage Realty
6021 University Blvd.
Suite #250
Ellicott City, MD 21043
Office: (410)740-1200 ext: 1056
Fax: (410)740-1293
Cell: (410)884-REAL (7325)
Direct: (410)884-REAL (7325)
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