Sandy Wills

 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.



 
Sa - San - Sav - Sc - Scre - Se - Secu - Sem

Set - Sh - Shel - Si - Sim - Sl - Sm - Sol - Sp - Spi

Spr - St - Stap - Step - Str - Stri - Su - Sup


1. Prefix meaning half; semi-circular.
2. Prefix meaning twice in a specified period; semi-annually.
3. Prefix meaning partially; semi-civilized.

Twice yearly.

Coal which burns cleanly and is softer and easier to ignite than anthracite, which is used for heating.

Half of a circle.

Also called Gothic, Tudor, parabolic, or major arches, they are arches which have a span of more than six feet with a rise-to-span ratio in excess of 0.15, having a load capacity of 1,000 pounds per foot.

A home where the basic structure cannot be changed but where changes can be made to some design aspects of the home, during construction.

Paint or varnish which has a sheen which is between flat and gloss.

Asphalt which is firm but not rigid like concrete and is used on roadways because it can be maintained better when there is some ground movement.

Primary mortgage on a property, which takes priority over any other liens and is satisfied before any secondary liens.

A designation granted by the Appraisal Institute for Residential Appraisers. An SRA may refer to himself as a member of the Appraisal Institute, though not an MAI.

Technique of investment analysis that enables investors to determine variations in the rate of return on an investment property in accordance with changes in a critical factor, such as how much the rate of return will change if expenses rise 5% or rental income drops 10%. It's an experiment with decision alternatives using a what-if approach.

Emotional value of property to each particular person.

Property wholly owned by either spouse who was acquired prior to marriage or was received as a gift or inheritance. This property legally belongs to that spouse and cannot be taken away to satisfy a debt against the other souse or for estate valuation.

Print or drawing down in a reddish-brown color, showing dark lines on a lighter background and is made on semitransparent paper so that reproductions can be made.

An underground, self-contained sewage treatment system that has a storage tank where waste is decomposed through bacterial action. Septic systems are used in areas without sanitary sewer systems.

Watertight sewage collection tank, located beneath the ground, which is the part of a septic system, which processes the waste and distributes it to the absorption field.

The following of one thing after another in chronological, causal or logical order which is important in the construction industry, since things must be completed in a certain order.

Blasting method where several charges are fired one at a time in a series.

Electrical circuit where the current passes through one load prior to going to the next, because the loads are connected. Alarm systems use this type of circuit because breaking any part of the circuit would trigger the alarm.

Armature and field of a motor that are connected so that the electrical current passes through one prior to the other.

1. Having saw type notches along the edge.
2. Surface with ridges.

The wires that connect the utility company's line to the home's service equipment.

Agreement bought by a homeowner for servicing of household items.

The electrical wires which go from the power utility's lines to a building.

Where the power utility's lines interface with the wiring of the building.

The electrical box, inside the building, where the power utility's wires connect to the circuits within the house.

Electrical wiring, factory assembled, which has two or three insulated conductors with a stranded uninsulated neutral conductor wrapped around them.

The electrical box, inside the building, where the power utility's wires connect to the circuits within the house.

The heart of the home's electrical service consists of three parts: the electric meter, the disconnect switch, and the distribution panel.

The anchor at the site where the utility's electrical wires connect with the wiring of the building.

Underground power lines that go from the power line transformer to the buildings meter box.

Stake used to mark the location of the capped or plugged end of a length of buried pipe.

Vertical section of conduit through which the service wires of a building pass prior to reach the service entrance box.

Electrical panel, containing circuit breakers, which is the distribution point for the entering electric service.

Firm used to collect mortgage payment and to manage borrowers' escrow accounts.

The handling of an account, as a mortgage serviced by a mortgage banker. Alternately, the periodic maintenance of household items.

Land subject to an easement.

Work required as a court judgment because of a crime committed.

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

Sandy Wills
RE/MAX Town Center
19873 Century Boulevard Unit 220
Germantown, MD 20874
Office: 301-540-2232
Cell: 301-873-1474
Direct: 301-428-9300