Real Estate Glossary

Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.
Real Estate Glossary
Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.

Ra - Ran - Re - Rec - Red - Ren - Rep - Ret - Ri - Ro - Ros

A tropical hardwood. Used primarily for expensive trim or furniture.

A gummy substance produced from pine tree resin and used as a drying agent in paints and varnishes.

Breakdown of a material caused by bacterial action. Rot typically results from damp conditions.

To turn about upon an axis, such as the Earth.

An abrasive material, typically limestone, used for smoothing surfaces.

see Flush Joint.

A coarse file used to remove large amounts of material.

Metal hardware such as bolts, nails and screws, which is used within the construction and is unseen.

Also called a flush joint, this mortar joint is troweled level and flush with the brick face.

The installation of portions of HVAC, plumbing, and mechanical systems that will be behind finished walls when the structure is completed.

Lumber with a coarse unfinished surface.

The opening cut into a wall to accommodate a window, door, or similar structure. The rough opening is larger than the item, leaving sufficient room for proper installation.

A cylindrical file with teeth all around.

Timber, such as a pole, which is in its original form.

To use a router. To remove excess material.

A power tool used for shaping and carving wood. A high-speed cutting bit is maneuvered to remove material where desired.

The cutting bit used on a router. Bits come in various sizes and shapes for specific uses.

Single-family dwellings using the same roof and connected by common walls.

Retail stores using the same roof and connected by common walls.

A course of bricks laid on their edges with the ends exposed.

Money paid for the use of property to its owner, often for extraction of a valuable resource. Payment is usually based on a percentage of income generated by use of the property.

A smooth finish used on concrete surfaces. Carborundum is used to rub the concrete until it is smooth.

A type of flooring used most often in laboratories, manufacturing facilities, or locations where a non-conducting floor is required.

A mallet with a rubber head, used to apply a blow without damaging a surface.

A rubber plug that is used to seal off sections of pipe to allow testing for leakage.

Stone, also known as floatstone, which smoothes gauged brickwork.

Pieces of brick or stone left over after the destruction of an old structure.

Masonry structure constructed of irregularly shaped stones.

Masonry, which consists of rough stones that are constructed irregularly.

1. A regulation.
2. A straight measuring device with distance markings. Also called a ruler.

Rule of 72 is an approximation of the time it would take to double an investment when earning compound interest by dividing the percentage rate into 72 to derive the number of years required to double the principal. For example: an investment that yields an annual return of 20 % will double in less than three years.
Rule of 69 is similar to the Rule of 72, which is that a set amount of money invested at a certain percent per certain time period will double in approximately three years.

This approach used by banks to formulate a loan amortization schedule is often referred to as The Rule of the Sum of the Digits. This method of computing unearned interest is used on installment loans with add-on interest. The number 78 is based on the sum of the digits from 1 to 12. This causes a borrower to pay more interest at the beginning of the loan when there is more money owed and less interest as the obligation is reduced.

A straight measuring device with distance markings.

Horizontal distance covered by a rafter or staircase. Width of a step. Also refers to the horizontal distance of a roof from the top plate of the wall to the midpoint (see roof run).

Expression that indicates a right or a restriction that will affect all current and future owners.

The horizontal distance that a rafter overhangs the wall.

Horizontal bars on a ladder. Also refers to horizontal supporting pieces between the legs of a stool or chair.

1. A long, narrow section of carpet or other floor covering.
2. A track installed on the floor or ceiling to accommodate a sliding door or similar device.

A method of laying brick where the bricks of each coarse are offset from the previous. Most brick veneer is installed in this way.

Pertaining to the area outside the cities. Often characterized by farms, small towns and unpopulated regions.

U.S. Department of Agriculture program providing financing, when other funds are unavailable, to farmers and others to purchase rural property.

Area between an urban area and a rural area.

Area, on the fringes of urban development, which is gradually being developed as an urban area.

Reddish covering occurring on ferrous materials as a result of oxidation. Rust can be prevented by the use of special coatings that prevent oxygen from reaching the surface.

1. Country style.
2. With a rough finish.

To finish a wall in a rustic fashion.

Measurement of a material's resistance to heat loss, most often referring to insulation products. The higher the R-Value, the slower the rate of loss.

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