Perimeter Heating
Warm air heating system where ducts are located in the concrete slab of a building constructed without a basement. As the name implies, a perimeter heating system is located around the perimeter of the rooms of a building where the heated air from the furnace is carried through the ducts to registers located in the floor. The air is recycled through ceiling ducts back to the furnace.
Popular Real Estate Terms
An agreement in which the trustee takes title of the property ( called corpus) owned by the grantor (donor) to protect or conserve it for either the grantor or the trust's beneficiary. The ...
Debt secured by a lien on property. Commitments related to unfilled contracts for real estate. The purpose of encumbrances is to prevent further expenditure of funds considering the ...
Agreement to exchange real estate upon specific terms. ...
fee for the cost of a loan including interest and points. Points (1 point= 1% of the total loan) are advance charges for a mortgage, whereas interest in charge over the life of the ...
Freestanding residential housing constructed on its own building lot. Detached housing is the typical type of housing found in suburban developments. ...
Person receiving la legacy from a will. Normally a legatee will receive personal property possibly including real property. ...
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Subdivided acreage with utilities usually situated within or adjacent to established communities. ...

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