Cross Tie
Definition of "Cross tie "
Supporting beam or connecting member between two walls. A cross tie gives support for wall structures.
Popular Real Estate Terms
Said of property that is bought subject to the existing loan against it. ...
Government official who values real estate property for tax purposes and ascertains the annual property tax assessments that must be collected. ...
Descriptive of a property boundary that follows the course of a river or estuary. For example, a land description may say its boundary follows "the meander of the river" meaning the ...
Indicators reflecting future changes in economic conditions; referred to as the Composite Index of 11 Leading Indicators. This index indicates the direction of the economy in the next six ...
Construction method where reinforced concrete is used with concrete block and mortar to form an extremely strong building. Reinforced concrete construction is often used in conjunction ...
Uncertainty in the price of real estate due to market, economic, political or other conditions. ...
Writ issued by the court requiring a person to appear as a witness or to provide written information in the case. A contempt of court citation may occur for failure to observe the subpoena. ...
Third party to a bankruptcy proceeding. The trustee's responsibility is to value and recapitalize the real estate firm if it is to be reorganized. ...
That part of a roof which projects beyond the sides of the building. The eaves keep rain overflow of the sides of a building structure and seal the roof rafters. ...
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