| Term | Definition |
| |
| Damper   | A movable plate in a fireplacethat allows smoke and fumes to travel up the chimney's flue.
|
|
| Days on the market   | The period of time a property is listed for sale until it is sold or taken off the market
|
|
| Deadbolt lock   | Locks that require a key to open from the outside and a turn button from the inside.
|
|
| Debt   | Any amount one person owes to another.
|
|
| Deck   | A roofless, floored area that adjoins a house.
|
|
| Deed   | The legal document that transfers ownership of a piece of property.
|
|
| Deed of trust   | A document that gives a lender the right to foreclose on a piece of property if the borrower defaults on the loan.
|
|
| Deep-seal floor drain   | A drain used to dispose of water from the basement floor to a sewer line.
|
|
| Default   | The failure to fulfill a duty or promise or discharge an obligation, such as making monthly mortgage payments.
|
|
| Deferred maintenance   | Any repair or maintenance of a piece of property that has been postponed, resulting in a decline in property value.
|
|
| Delinquent mortgage   | A mortgage that involves a borrower who is behind onpayments. If the borrower cannot bring the payments up to date within a specified number of days, the lender may begin foreclosure proceedings.
|
|
| Density test   | An analysis of soil to determine if the surface can support the foundation of a house.
|
|
| Dentils   | Small rectangular blocks that project from a building, usually under cornices or along rooflines.
|
|
| Deposit   | Money given by the buyer with an offer to purchase property. Also called earnest money.
|
|
| Depreciation   | The decline in value of a piece of property.
|
| |
| List is 3 pages long |
1 | 2 | 3 >> |