Working Drawing

Definition of "Working drawing"

Drawing for the entire structure or part of it that is detailed and in scale so that engineers and construction workers may readily follow it.

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Prime Tenant

Major tenant in an office building or shopping center. A prime tenant occupies more space than any o ...

Abandonment Clause

In marine insurance, clause giving an insured the right to abandon lost or damaged property and stil ...

Offer To Purchase

A proposal to buy property at a specified price. The seller of the property has the options of accep ...

Assessed Value

Amount set for real estate or other property by a government as a basis for levying taxes. ...

Maintenance

Periodic expenditures undertaken to preserve or retain a property's operational status for its origi ...

Administrative Expenses

Costs associated with the general administration of the insurance organization to include such items ...

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What Is An Adjustable-rate Mortgage (ARM)?

A type of mortgage in which the interest rate is keyed to a certain economic index and is adjusted a ...

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Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Does FSBO Mean?

FSBO means for sale by owner. ...

What Do I Need To Know About Homeowners Insurance?

It is where you live and where your possessions are. Chances are, it\'s your asset. But more than po ...

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PITI is the total monthly payment you make on a house-Principal, Interest, Taxes, and Insurance. ...

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

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