Definition of "Louver"
- Series of sloping horizontal slats most frequently mounted in doors and windows permitting the passage of air while restricting vision and preventing rain from entering the building.
- Fins installed in air conditioning ducts and outlets primarily intended to direct air in specific directions.
Popular Real Estate Terms
What does Act of God mean? Acts of God or “force majeure” is typically how an insurance policy classifies peril situations that could not be prevented or defended by men. ...
Borrower's right to redeem his property by immediately paying off the loan balance and any related costs. ...
Defendants legal objection to the prima facie sufficiency of a judicial pleading. It is a motion to dismiss an action on the ground there is no apparent equity violation, the court has no ...
A roof having two slopes on each side. The second slope is longer than the first part of the roof and extremely steep. ...
Geographic area that is attractive to prospective tenants. Square footage in an office building or apartment house that may be rented by a tenant. ...
Value of agricultural land as determined by its ability to produce crops and livestock. ...
Property of a defaulted borrower is sold under court order, and the judge must approve the amount received. For example, Fidelity Bank has a first mortgage balance of $100,000 on Mr. X's ...
Real estate not subject to property tax such as that owned by nonprofit entities including charitable, governmental, religious institutions. ...
The person named in a deed who acquires ownership. ...
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