Federal Home Loan Bank Board

Second home. The interest and real estate taxes on the second home are tax deductible on the family's 1040 tax return. ...

Number of small holes in a wall allowing water to drain from it. This makes the walls able to withstand water pressure. ...

Method of valuing a property through examination and comparison of recent sales of comparable properties. ...

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

Accurate measurement of land for the purpose of determining the boundaries of its perimeter, its contours, and area. Survey are generally required by banks and other lending institutions as ...

(1) Housing arrangement in which the tenants are shareholders in a company that owns and maintains the structure. (2) Agreement between two real estate brokers in which the commission will ...

To understand what an abatement notice is, one needs to understand the concept of nuisance abatement. Abatement notice is the notice given to the owner (or occupier) of a property as ...

(1) Type of loan where the final payment is substantially greater than the previous payments; also termed partially amortized loan. A debt agreement might stipulate a balloon payment when ...

The slope of surface inclination normally expressed as a percentage. The gradient is determined by dividing the surface change by the length of the surface ...