Forced Hot Air
A heating system consisting of a heating unit forcing hot air through an interconnected network of air ducts with outlets throughout the structure. The advantages if a forced hot air system are: rapid elevation of room temperature from forcing hot air through the outlets; the system can easily be converted into a central air conditioning system using the building; a humidifier unit can easily be attached to the duct work to maintain a comfortable level of humidity throughout the building.
Popular Real Estate Terms
Person providing advice for compensation about real estate. ...
Rights, interest, and benefits inherent in the ownership of real estate, as distinguished from personal property ...
Process determining an individual's financial ability to meet the terms of a loan. When selling real estate, the sales broker must qualify the buyer to make certain he/ she has the ...
Individuals who are legally entitled to inherit money and property when someone dies. ...
Term given to two depreciation systems defined by the Internal Revenue Service: The main system is called the General Depreciation System (GDS). Under GDS, most property is assigned to ...
Within Real Estate, “nuisance” is a term used to describe any disturbance that might affect neighboring houses. Nuisance abatement is the enforcing of policies and codes that ...
A cost of funds index that most adjustable rate mortgages written in California in recent years are tied to. Computed by the Federal Home Loan Bank of San Francisco, it reflects the cost ...
Sale that is finalized only in the case of a particular occurrence or eventuality. ...
CE Shop has become a widely used and popular term in real estate. But what does it mean? “CE” stands for continuing education, and in the real estate business, it implies a ...
Have a question or comment?
We're here to help.