Method of finishing edges of walls, window jams, doors, or projections with decorative strips of wood to give a better appearance as well as providing protection from jagged edges and helping in preventing drafts. Molding may be fabricated from any material; however, almost all are made from wood. In classical times, molding was made from stone. Molding is now mass produced and can be purchased ready made although it still must be cut to size.
Popular Real Estate Terms
Amount awarded by a government when a person's property is condemned and he must move. ...
Aerial navigation that may interfere with a property owner, such as creating undue noise. The value of land near an airport may decline in value for this reason. Further airport congestion ...
Largest form of owner ship giving the owner complete control including the development off an inheritable estate. ...
Under law, a warranty in effect even if not expressly stated. It provides that real property sold is warranted to be appropriate for sale and is in proper condition even if not stated, ...
Combination of two or more real estate brokerages into one, with only one company retaining its identity. Typically, the larger of the two companies is the company whose identity is ...
A notice, usually in writing, in which notice of termination is given by one individual or business to another. It is pursuant to a cancellation provision in a contract to forestall ...
The American Planning Association, also known as APA, is a nonprofit professional organization representing the US’s urban planning field. The APA provides extensive educational ...
Written statement of the lender that the buyer of real estate has paid-off the entire mortgage. ...
Sponsor of a syndicate involving people or companies buying an interest in a real estate investment or unit. The group of investors are in effect engaged in a joint venture for profit." ...
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