| Term | Definition |
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| 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 buyer's 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 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 person's 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 below the soil line from moisture.
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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 seller's 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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