Duplex


Definition of "Duplex"

Melissa Reed real estate agent
Melissa Reed Keller Wiliams Realty Atlanta Partners

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

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Residential Unit

property suitable for residential living, such as a house, duplex, apartment, mobile home, or condominium. ...

Multifamily Housing

Residential structure designed to house more than one family. Smaller multifamily housing units include duplexes, triplexes, and quadriplexes. Larger ...

Concrete

Substance developed from a binding cement medium with stone particles compacted together. After concrete hardens, its characteristics are very similar ...

Foyer

An entrance hallway from the outside of a building. Foyers are intended as a gathering place for people either before exiting or upon entrance. ...

Easement

Legal right or privilege, such as that arising from a contract, to use land owned by another person or business for a specific purpose. The use shou ...

Bracing

Structures added to framing to increase overall strength and stability. Various types of bracing include cables, rods, struts, ties, shores, additiona ...

Popular Real Estate FAQ

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the property. ...

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Is A Proprietary Lease?

A proprietary lease is lease used for co-ops that give the shareowners the right to live in a particular unit. ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property to depreciate. This is why it\'s a great investme ...

What Is A Sales Contract?

A sales contract is the contract you draw up when you want to make an offer on a home. ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from disputes over the title of a property. ...

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

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House DIY Home Improvement to Increase Your Home Value Moving Tips: House Relocation Stress Free Increase Your Home Value With These Home Improvement Ideas Down Payment: Everything You Wanted to Know

FAQ

What is a contingency? What Will My ARM Loan Payment Be ? What does computer insurance cover that my warranty doesn't? What is a credit report? What is principal?