Metal or wood channel attached immediately below or along the eaves of a building for the purpose of channeling rainwater away from the structure. The gutter prevents rain runoff from running down the sides of a building and possibly either eroding or penetrating the structure's foundation.
Popular Real Estate Terms
Property deriving at least 75% of the income from personal residences. ...
Insurance contract providing coverage for risks primarily associated with negligence and acts of omission associated with third-party injuries or property losses. Property and casualty ...
A method of brick construction where the bricks are laid with their sides facing outward. ...
Right to property depends on some occurrence. ...
What a piece of property could be sold for on the market. ...
Clause in a percentage lease permitting the landlord to cancel a lease and recover the property if the tenant's sales fall below a specified level. Clause in a lease permitting the ...
Reduction in taxes payable to the IRS or local government. A tax credit is more beneficial to the taxpayer than an itemized deduction because it reduces taxes on a dollar-for-dollar basis. ...
The bonus depreciation definition refers to a tax incentive that allows a business to accelerate the depreciation deduction in the year when the asset is purchased and placed into use. The ...
When the return on borrowed funds exceed the after-tax interest cost. It is profitably using other people's money. ...
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