Green Lumber


Definition of "Green lumber"

Lumber that has not had adequate time to dry and be seasoned. Green lumber may actually appear green, and can later warp as well as being more difficult to work with including cutting and nailing.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Employee Stock Ownership Plan (esop) Trust

Type of benefit in which an employee obtains shares of stock in the company, the amount normally det ...

Limit, Per Person

Maximum amount under a liability policy that insurance company will pay for bodily injury incurred b ...

Quadrominium

A four-unit building with four tenants in a condominium type of ownership and management. ...

Juvenile Insurance

Life insurance on the life of a child. ...

Balcony

(1) Platform extending beyond (external to) the regular apartment or premises and enclosed by a rail ...

Earned Right

basic feature of the social security act under which benefits paid are associated with the employee ...

Related Real Estate FAQ

What Is An APR And What Does It Include?

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortga ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

What Is A Mortgage Banker?

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

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

6 Reasons you are not selling properties What is Escrow and how does it Work? Why Right Now is a Good Time for Millennials to Buy a Home What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? Is it better to buy or sell a home first

FAQ

What is a VA loan? What is earnest money? What is a lifetime rate cap? What is a debt-to-income ratio? What is a term?