Duplex


Definition of "Duplex"

Melissa Reed
  Keller Wiliams Realty Atlanta Partners


  1. Structure have two dwelling units under the same roof.
  2. Two-story apartment unit.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Condemnation Value

Condemnation is a process by which private property is taken for the purpose of public use. Prior to ...

Policy Period

Time interval during which policy is in force. ...

Fire Division

Separation of a building into distinct separate parts by fire wall or open air spaces between buildi ...

Construction Loan Rate

(1) The interest rate charged on a construction loan. (2) The rate at which construction loan progr ...

After-acquired Title

Doctrine by which the title of real property previously unsuccessfully transferred because of the la ...

Full Warranty

Type of warranty that entitles a homeowner to full remedies for defective work done by a contractor. ...

Related Real Estate FAQ

How Much Money Can I Borrow To Buy A Home?

To begin, you\'ll need to figure out what your gross income is (before taxes) monthly and yearly. T ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

What Is A Commitment Letter?

A commitment letter is a formal offer of a loan by a lender. The letter states the terms under which ...

What Does A Back-end Ratio Mean?

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

What Is An Overall Debt Ratio?

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

What Is A Treasury Index?

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

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Rent or Buy - the pros and cons How To Sell Your Home Why Use a Real Estate Agent? Should you Buy a Home with Cash? Real Estate Open House - The Dos and Don

FAQ

What is joint tenancy? What is a seller disclosure? What are comparables or comps? What is equity? What does preapproved mean?