Duct | Real Estate Glossary | Realestateagent.com

Definition of "Duct"

Steve Peterson & Judy Avenson

RE/MAX Real Estate Concepts

Pipe or conduit for electrical wiring.
Enclosed conduit made of metal or other appropriate materials for transferring low pressure hot or cold air throughout a structure.

Property devoted to only one such as a medical building. ...

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The willingness of a lender to give a mortgage to a mortgagor. A mortgage commitment will give a tim ...

A lien against all of the property of a debtor. A general lien may be obtained either through a judg ...

Payments in a defined benefit plan. Benefits are allocated to the pension plan participants as premi ...

Involvement in real estate ownership and management on a continuing basis as contrasted to passive p ...

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

A mortgage is a legal document that pledges your property as security (like collateral) for a loan. ...

Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

A contingency is a provision included in a sales contract stating that certain events must occur or ...

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

An overall debt ratio is the percentage of your overall debt (housing payments plus any other long-t ...

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