Glossary |
Terms that are on use on this site.
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| There are 13 entries in the glossary. |
| Pages: 1 |
| Wainscoting | Wood paneling, tongue-and-groove boards or similar material installed between a baseboard and a chair rail. |
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| Waiver | A voluntary relinquishing of certain rights or claims. |
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| Walk-out basement | A feature that allows a door to open onto ground level. |
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| Walk-through | A buyers final inspection of the home to determine if conditions in the purchase agreement have been satisfied. |
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| Warranty | A legally binding promise to do something in the future. |
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| Wetlands | Watery areas such as swamps, marshes and floodplains. |
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| Wild deed | An improperly recorded deed. |
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| Will | The most basic legal document outlining the disposition of a persons estate in the event of death. |
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| Window light | An individual pane of glass. |
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| Window seat | A bench built under an interior window. |
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| Window well | A curved, corrugated steel insert used to isolate basement windows from moisture if they are below the soil line. |
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| Window well covers | Curved plastic covers designed to be installed on top of a window well to cover the opening. |
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| Wraparound mortgage | A loan to a buyer for the remaining balance on a sellers first mortgage and an additional amount requested by the seller. Payments on both loans are made to the lender who holds the wraparound loan. |
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