A control that automatically turns on a heater, furnace, or air conditioner when room temperature reaches a set level. …
[Read more...]
Thermostat
Thermostatic Control
A device used to regulate the point at which the burner for the water heater is activated. …
[Read more...]
Third-Party Origination
In a third-party origination transaction, the lender has another institution originate all or part of a mortgage. …
[Read more...]
Three-Way Switch
A three-way switch controls one or more lights from two different locations. These are often placed at both ends of a stair or hallway. …
[Read more...]
Threshold
A flat trim strip normally made of oak or aluminum that offers a durable and finished transition between the floors on both sides of a door or between indoors and out. …
[Read more...]
Throw
The distance a deadbolt extends out from the edge of a door when in its locked position. …
[Read more...]
Time is of the Essence
A phrase in a purchase contract that indicates a certain period of time in which an act must be performed. …
[Read more...]
Timeshare
Ownership that involves the acquisition of a specific period of time or percentage of interest in a vacation home or resort. …
[Read more...]
Title
The legal document conferring ownership of a piece of real estate. …
[Read more...]
Title Company
A firm that ensures that the property title is clear and provides title insurance. …
[Read more...]
