The amount of heat a door or window conducts between the inside air and the environment. …
[Read more...]

Real estate services not bound together, but purchase transaction at a time. …
[Read more...]

A layer of wood between the subfloor and the floor. …
[Read more...]

A code-approved knot tied at the end of an electrical cord to prevent the wires from being pulled away from their connection to electrical terminals. …
[Read more...]

The process in which lenders evaluate the risks posed by a particular borrower and set appropriate conditions for the loan. The assessment of loan applications based on: the value of real property, a borrowers credit worthiness and ability to pay and the lending …
[Read more...]

A fee charged by the lender to verify information on the loan application, authenticate the property's worth as collateral, and make a final determination about whether to grant a loan to the applicant. …
[Read more...]

A person who claims the right to a piece of property after the death of an owner without a will. …
[Read more...]

A marital partner who can claim the right to a piece of property but is not identified in the owner's will. …
[Read more...]

A one-sided contract. If one party makes a promise to do something, the second party is not legally required to perform. If the second party does comply, however, the first party is obligated to keep its promise. …
[Read more...]

A deed that transfers ownership from one party to another without being officially recorded. …
[Read more...]