Pier

Definition of "Pier"

A column designed to support a concentrated load. A pier column is made out of steel, steel reinforced concrete or wood.
A structure extending out into the water supported by numerous columns providing access to water or vessels.

Search Real Estate Glossary

Related Real Estate Glossary terms

Lineal

Direct line of descent as from father to son. An example of a lineal hereditament would be passing o ...

Overhang

A wall or roof which extends beyond a lower wall. ...

Large Loss Principle

Transfer of high severity risks through the insurance contract to protect against catastrophic occur ...

Federal Flood Insurance

Coverage made available to residents of a community on a subsidized and nonsubsidized premium rate b ...

Mistake

Unintentional error. An example is a house that the seller wants $1,000,000 for but it is mistyped a ...

Tie

Once of a set of timbers used in the construction of a building or for esthetic purpose, the land ar ...

Related Real Estate FAQ

What Is A Wraparound Mortgage?

A wraparound mortgage is a new mortgage that includes the remaining balance on an old mortgage, plus ...

How Can I Protect My Home Office?

Commercial insurance is designed to help protect many of the risks your business can face, includin ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

What Happens When A Property Starts To Depreciate?

When a property depreciates it declines in the value of the property due to poor location, dilapidat ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

7 Tips for a First Time Homebuyer What is the Best Time of Year to Buy a Home? Home Prices - The Extra Costs What is Hazard Insurance? What do Real Estate Attorneys do?

FAQ

What is joint tenancy? What is a closing? What is a maintenance fee? What does preapproved mean? What does computer insurance cover that my warranty doesn't?