The difference between magnetic north and geographic (true) north. Surveyors used a compass to determine the direction of survey lines. Compasses point to magnetic north, rather than true north. This …
Decorating Allowance
An amount of money supplied by the seller and held in escrow for the buyer, to be applied toward negotiated decorating changes. …
Deed
The legal document that transfers ownership of a piece of property.A deed is a legal document that conveys ownership and title of a property from one party (the grantor) to another (the grantee). …
Deed Of Trust
A document that gives a lender the right to foreclose on a piece of property if the borrower defaults on the loan. …
Deep-seal Floor Drain
A drain used to dispose of water from the basement floor to a sewer line. …
Default
The failure to fulfill a duty or discharge an obligation, such as making monthly mortgage payments. Failure to meet certain contractual obligations, such as mortgage payments. Default can lead to …