Termite Shield
Definition of "Termite shield"
Aluminum or metal treated barrier that is placed between the concrete and wood of the foundation of a newly constructed building to prevent termites from infesting the wood. Many experts say that such a shield is ineffective because the termites simply go around the shield to get to the wood in the foundation.
Popular Real Estate Terms
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Money payments to be delayed for a future date or extended over a period of time. ...
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Recurring obligation or assurance given. ...
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Legal obligation to pay taxes associated with owning property or earning income. For example, a real estate owner must pay property taxes. ...
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