Prefabricate House
Definition of "Prefabricate house"
House made using standardized components that are preassembled on an assembly line in a factory rather than being built from "scratch" on a site. Normally, the prefabricate house is trucked onto the home site as a complete unit where it is installed on a completed foundation. Often times the prefabricated house is installed in preassembled components which are simply attached to each other on site. The advantages of a prefabricated house include lower cost, as a function of mass production and high quality.
Popular Real Estate Terms
Study of real estate activities including demand, price, location influence, and current trends. ...
revising the terms of a loan such as when the borrower is experiencing severe financial difficulties. For example, a homeowner lost his job and seeks relief by requesting the lender ...
Transfer of title based on a preceding title transfer of conveyance. A derivative conveyance increases, ratifies, moderates, renews or transfers the stake created by the original ...
Any structure projecting from a wall or other vertical element for the purpose of providing support for a weight or other object. ...
Recording an expenditure having a benefit of more than one year to the cost of the property. ...
Supporting beam or connecting member between two walls. A cross tie gives support for wall structures. ...
Written document by an official granting agency and signed by an empowered official certifying that some specific act including the fulfillment of certain requirements has occurred on a ...
Local government ordinances governing real estate development including structural and design aspects. Zoning ordinances usually define various usage classifications ranging from ...
Financing of a home based on how much equity the homeowner has in it. The interest rate is typically a variable one. ...
Have a question or comment?
We're here to help.