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.

Ra - Ran - Re - Rec - Red - Ren - Rep - Ret - Ri - Ro - Ros

Modern style of home with all of the rooms on one floor.

Window and door trim with a curved outer surface.

Not planned. Not uniform. Unpredictable.

A type of computer memory used to store programs and data currently in use.

A veneer consisting of irregular sizes and shapes of stone.

Shingles that are uniform in length but random in width.

1. In the rectangular survey system, it is a six-mile wide column of land running north/south.
2. A cooktop, often part of a unit including one or more ovens.
3. The extent between minimum and maximum for a procedure or operation.

Total number of range grasslands acres that are needed to support one animal unit for a certain time period.

A cooktop designed to be installed into a cabinet and supported by the countertop.

A shield installed over a cooktop using a fan to vent cooking vapors out of the room through installed ductwork.

Lines parallel to a principal meridian, marking off the land into 6-mile strips known as ranges; in the Government Rectangular Survey, the strips are numbered east or west of a principal meridian.

Poles used in surveying to establish midpoints between locations that are not visible to each other.

An electrical outlet designed for use by electric ranges (50 amp service and 240 volts).

Quick-drying asphalt that is liquefied with gasoline to reduce evaporation time.

A fluorescent light that comes on instantly like an incandescent light. The filaments in the tubes are kept hot to allow the light to come on without the slow flickering typical of fluorescent lighting.

A coarse file used for shaping materials.

An estimated insurance risk to calculate a reasonable premium that would provide sufficient resources, while still being affordable, in the event that the company is required to pay a claim.

A mechanism that allows movement in one direction, but not another, as in a socket wrench.

A mechanism used for lifting. The device is pumped down to lift with a ratchet locking before the upstroke to prevent any slippage of object being lifted.

A screwdriver containing a ratchet to allow use without releasing the handle.

Cost or level of a fee, often on a per-hour or percentage basis (i.e. $100 per hour or 10% interest).

Maximum interest rate charge allowed on the monthly payment of an adjustable rate mortgage during an adjustment period.

Yield. The return on an investment.

Income divided by the total amount invested.

Lender's commitment to borrower to guarantee a specific interest rate for a certain period of time.

Rate type determines how payments adjust over the loan term. Rate types include fixed-rate (does not change), balloon and adjustable rate.

Loan that entitles a borrower to a one-time interest rate cut without refinancing.

Approval of a prior act or contract, which gives it the confirmation to make it binding.

A value quantifying the capabilities or endurance of an item or substance.

A proportion of one value to another, related value. For example, defective units to operational units.

Determination proving that the motivation of a testator was rational when making the devises of a will.

A round, tapered file coming to a point. The name comes from the tool's resemblance to a rat's tail.

The separation of course and fine aggregate in a road surface.

Acreage without added improvement such as sewers, utilities, streets or structures.

Leather that is untanned.

Unprocessed oil that is produced from flax seeds.

To demolish.

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

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