Nonbearing Partition Or Wall


Definition of "Nonbearing partition or wall"

A partition or wall that provides no support to the structure in which it is located. For example, a nonbearing partition or wall does not support any floors above it. A partition which does provide structural support is termed a bearing partition or wall.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Prime Tenant

Major tenant in an office building or shopping center. A prime tenant occupies more space than any other tenant in a commercial development. For examp ...

Illiquid

Unable to sell an investment to obtain cash in the short-term without incurring A significant loss. Real Estate is typically not liquid because of t ...

Floating Interest Rate

Interest rate on a loan that varies periodically based on some related measure. If interest rates are currently high and a prospective buyer of a home ...

Upset Price

Judicially determined minimum selling price for auctioned property. For example, a judge rules that a foreclosed home may be sold for less than $200,0 ...

Internal Rate Of Return (IRR)

Real annual return on a real estate investment. It equates the initial investment with the present value of future net cash inflows from the investmen ...

Public Record

Governmentally held records of public transactions giving constructive notice that documentation exists confirming the transaction. ...

Popular Real Estate FAQ

What Is An Amortization?

The process of paying off a loan balance. As you make payments, a certain amount is applied to the principal and a certain amount to the interest. ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing a specific interest rate for a specified amount o ...

What Is A Spec House?

The textbook definition of a spec house is \"one built on a speculative basis, without an order on the books\". Commonly, a buyer will be unsatisfied ...

What Is A Deed?

A deed is a legal document that conveys the title to a property. ...

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

What Is Zoning?

Zoning is the laws that establish how a property can be used and what codes must be followed when erecting new buildings. ...

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

What is Escrow and how does it Work? 3 Reasons Why Now Is The Perfect Time To Sell Your Home 5 U.S. Cities with the Best Public Transportation The Fine Line Between Representing Both the Buyer and Seller Tax Breaks for the First Time Home Buyer

FAQ

What is a sales contract? What should I do if I'm in an accident? What is equity? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What is a cap?