Builder Breakdown Method | Real Estate Glossary

Definition of "Builder breakdown method"

See quantity survey method.

To sign a note on behalf of another individual and, therefore, to guarantee payment. The cosigner is ...

Entrance or path to a land parcel. Passageway existing from property. An egress may lead to a roadw ...

Provision in insurance policies that states the deductible. ...

Circumstance which increases the probability of loss because of an applicant's personal habits or mo ...

A borrower who doesn't pay. ...

Same as term legal description: A description of real property including metes and bounds, governmen ...

A lock in guarantees a certain interest rate for a certain period of time. ...

The insurance company will replace it with a model as close to it as possible in the current retail ...

The right of a property owner to have and enjoy all of the advantages of property ownership includin ...

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...

A title search is the process of reviewing court records and other records to ensure that there are ...

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

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