In many jurisdictions, any property which has been acquired by a married couple.
The method whereby a home owner develops equity in a property, either during the purchase or throughout its life, by personally constructing improvements rather than paying to have them built. The floor of a fireplace or the area immediately in front of it. Often used to describe an artificial or false front which is not consistent with the construction of the rest of the building. The metal used around the base of roof mounted equipment, or at the junction of angles used to prevent leaking.
Insurance covering damage to a property caused by hazards such as fire, wind and accident. The repayment of a loan through regular periodic payment. Buildings, structures or other amenities which are not located on a piece of property, but are necessary to maximize the use of the property or in some way contribute to the value of the property. Points paid in addition to the loan origination fee to get a lower interest rate. The process of estimating the value of property by considering the present value of a stream of income generated by the property. Material used around windows and doors to prevent drafts.
Typical zones include single-family, multi-family, industrial, commercial and mixed-use. Horizontal beams laid on edge to support flooring or a ceiling. Laws that have been established by custom, usage and courts over many years.
Median family income for a particular county or metropolitan statistical area MSA, as estimated by the Department of Housing and Urban Development HUD. The trough around the edge of the roof that catches and diverts rain. If the judgment requires payment from one party to another, the court may put a lien against the payees property as collateral. Any personal property which is not attached to or an integral part of a property.