Formica


Definition of "Formica"

Tim Retzinger
Tim Retzinger Indy Custom Real Estate LLC

Trade name by the American Cyanamid Corporation for a plastic laminate surfacing material widely used on furniture, counter tops and wall coverings. Formica is hard, durable, and resistant to water, alcohol and stains.

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

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Affirm

To confirm, ratify, verify, and accept a transaction that can be canceled. ...

Lessor

Owner of real property who gives another the right to use it in return for rental payments. The three types of leases for the lessor are the direct fi ...

Ownership Form

Methods of owning real estate. Ownership form has important consequences for income tax, estate tax, corporate income tax, and survivorship. Real esta ...

Summary Possession

Act of actual eviction or removal of a lessee from a property. The eviction may be either voluntarily through due process of law or involuntarily by f ...

Disinflation

A lessening in the inflation rate. This may occur during a recession when insufficient demand prevents sellers from passing on higher prices to prosp ...

Multifamily Housing

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

Popular Real Estate FAQ

What Is A VA Loan?

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Affairs. ...

What Is A Counteroffer?

A counteroffer is an offer made by one party that makes changes to the original or latest offer of the other party. ...

What Is A Negative Amortization?

A negative amortization is a type of loan situation that occurs when the monthly payments do not cover the principal or interest. Instead of declining ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in mind - to get you to buy a home. I\'m sure you\'v ...

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are no liens or claims against the property you are bu ...

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

Mortgage Loan Types What Must I Disclose When Selling My Home? Top Five Reasons Your Home Offer was Rejected Home Prices - The Extra Costs How To Choose A Realtor®

FAQ

What do I need to know about Indemnity Insurance? What is title insurance? What is a deed? What are the benefits of Commercial Auto Insurance? What is a proration?