Definition of "Percolation test"

Mary Ann  Graboyes real estate agent

Written by

Mary Ann Graboyeselite badge icon

Long & Foster

Determines the ability of soil to absorb and draw down water. A percolation test is essential to determine the location of a drainage field for waste disposal.

Comments for Percolation Test

Darrell Gresham Darrell Gresham said:

What is a RCO?

Apr 05, 2018  15:10:28

 
Real Estate Agent

Hey Darrell!

Hmmm, we're not sure. RCO can be an acronym for a bunch of things.
Regional Coordinating Organization, Residential Communities Office... can you put it in a sentence? :) 

Apr 05, 2018  15:27:50
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

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 ...

The imposition or collection, usually by legal or governmental authority, of an assessment of a specified amount. An example is a tax assessment on real estate. ...

An accounting methodology for separately depreciating individual parts or elements of a building or improvement qualifying as business use or a depreciable asset under the IRS tax code. ...

In-ground watering system generally controlled by a digital timer that waters the grass and shrubbery of a property. ...

A lease contract to possess a parcel or property for a certain period of time. A leased fee estate is a conditional estate conveyance in real property for a specified period of time. The ...

A Seller’s Market is the opposite of a Buyer’s Market. It’s that moment when conditions of the Real Estate Market are more favorable to Home Sellers than to Home ...

Also called demand note. A loan with no established maturity period, callable on demand by the lender for repayment. The interest on this type of loan is calculated on a daily basis and ...

A building lot surrounding on both sides by other lots. ...

The American Institute of Real Estate Appraisers, in short, the AIREA, or the Appraisal Institute as it is known nowadays, is an institute that aims to advance professionalism in the real ...

Popular Real Estate Questions