Component

Definition of "Component"

Part of something such as the units making up a heating or air conditioning system in a building.

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Related Real Estate Glossary terms

Contingent Fee

Amount paid by the attorney of the plaintiff in a liability suit. Usually the attorney receives as a ...

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Value that a speculator believes an investment will reach at some point in the future. ...

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Ownership of a real estate in which at least two or more individuals have equal ownership. If a memb ...

Premium-to-surplus Ratio

Ratio commonly used by the property and casualty insurance industry as a measure of financial streng ...

Instrument

A legal document, such as a contract, deed, will, lease, or mortgage agreement that stipulates the r ...

Tile

Thin layer or slate of baked clay, linoleum, or some other material that is used for covering floors ...

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