Quarter Round

Definition of "Quarter round"

Molding used in corners simulating a quarter of a circle.

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Popular Real Estate Terms

Spot Zoning

Zoning a portion of land in a given area for different purposes than its surrounding functions. For example, a locality may decide to spot zone a vaca ...

Scarcity

Inadequate supply of real estate in a particular area will result in a favorable demand supply relationship resulting in price increases for the prope ...

Agricultural Property

Property zoned and used for farming including the raising of crops and livestock. ...

Mortgage Banking Software

Computer software packages designed to serve mortgage banking functions, such as mortgage loan accounting/servicing, loan origination, loan processing ...

QV (quod Vide)

Latin abbreviation for the literal translation meaning" which see". ...

Constant Payment Loan

Loan mandating equal periodic payments to pay off the loan subsequent to the last payment. ...

Popular Real Estate FAQ

What Are Comparables Or Comps?

Recently sold properties that are similar in size, location, and amenities to the home for sale. These properties help an appraiser determine the fair ...

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. ...

What Is A Proration?

A proration is the division of certain fees. If the sellers have paid the taxes six months in advance, for example, they may want a portion of that pa ...