- in masonry, the stones or bricks that are laid cross ways on a wall providing support to the horizontal stretcher bricks. The ends of the header bricks are visible in the wall.
- A beam providing lateral support to wall joists around an opening such as a window or finishing roof rafters.
Popular Real Estate Terms
Personal income minus personal income tax payments and other government deductions. It is the personal income available for people to spend or save; also called take-home pay. It may be a ...
Total transfer of one's rights under a real estate contract to another. ...
Geographic area that has been designated by local government to have historical importance. The municipality provides various incentives including tax breaks to rehabilitate and preserve ...
Same as term insured loan: A loan indemnified against default by the borrower. Such loans may be a mortgage loan insured by a standard mortgage insurance policy or by FHA mortgage ...
Lessening of work assignments such as when a real estate management firm reduces the number of buildings assigned to each manager. By reducing someone's schedule, he will probably do a ...
The actual, physical and tangible fact in a given situation; a substantive body of positive evidence. ...
Interest based on a 360-day year instead of a 365-day year. The former is referred to as simple interest and the latter is termed exact interest. The difference between the two types of ...
Borrower who gives property as collateral for a loan. ...
(1) Price a buyer is willing to pay, or bid, for a certain piece of property. It is the highest price offered to buy the property. (2) Price per share that shareholders receive when they ...
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