Definition of "Masonry"
Construction materials from stone, brick, and concrete block. Masonry materials play an important role in providing structural support as well as being used as decorative finish surfaces. There are two general classifications of masonry:
- Masonry made from cast-in-place concrete.
- masonry made from built-up or unit masonry joined together by mortar. This type of masonry includes brick, stone and concrete blocks.
Popular Real Estate Terms
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Real estate business owned by one person having all the rights and obligations. ...
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Situation in which very few prospective buyers of real estate are rejected by lenders. This may be due to ample money supply, lower interest rates, and/or relaxed credit standards. See also ...
Landowner's legal right to the water found on his property. For example, there might be a stream of water adjacent to the land. The water might be used for irrigation or other purposes. ...
Agreement to exchange real estate upon specific terms. ...
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Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...
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