Builder Breakdown Method | Real Estate Glossary

Definition of "Builder breakdown method"

See quantity survey method.

Time at which life insurance death proceeds or endowments are paid, either at the death of an insure ...

Dirt around a building's foundation for support. Holes are filled in. ...

List of architectural design items needing to be corrected and resolved prior to finalizing a buildi ...

Someone authorized by the original credit card holder to use the holder's card. While authorized use ...

Subsidence is a term used in geology, engineering and surveying to denote the motion of a surface (u ...

Secondary or subsidiary building or structure in a structural complex. ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

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