Real Estate Glossary
Our glossary is the largest dictionary of real estate and construction terms on the Internet with almost 10,000 definitions.
- Fabric
- A material made from fibers or thread by weaving, knitting, felting etc. as any cloth.
- Fabricate
-
- To make, build or construct by assembling parts or manufacturing.
- To make from raw material.
- Façade
- External front of a building that faces the street or courtyard and is usually used to describe bigger, elegant buildings. Façade materials include wood, brick, glass, masonry, aluminum, etc.
- Face
-
- The side of a wall covering that faces away from the framing; for example in an A-B plywood panel, the face would be the A side.
- An exterior, exposed surface on a structure.
- Any surface of a thing.
- The outward appearance of anything.
- Face Amount
- The dollar amount, shown on a document.
- Face Brick
- Exterior decorative surface, which is made of brick that is not rendered, painted or plastered and is made of various brick materials, including clay, to give a desired effect.
- Face Grain
- Applies to the direction of the grain on the face of a veneer-faced panel, which is also called the long dimension of the panel. Since the greatest strength and firmness is parallel to the face grain, it is normal to run the face grain across the supports.
- Face Harden
- Hardening process for the surface of materials. As an example, the hardening of carbon steel is accomplished by first heating the steel to approximately 1200 degrees F. and then it is immersed in powdered carbon. When some of the carbon is absorbed into the molecular structure of the steel, the surface or face of the steel is hardened.
- Face Layer
- Also referred to as the face ply, it is the outer layer when there are two or more layers. Face Line Lines that are made of strong string, which is stretched out and attached to staked boards, so that masons can follow the straightness of it when building masonry walls.
- Face Nailing
- Nails, which are hammered at right angles (perpendicular) to the work surface. Also called direct nailing.
- Face of Weld
- The side of the material where the weld was applied, which has the exposed weld.
- Face Plate
- Face plate holds the work to be turned on a lathe. The plate is then fastened to the lathe headstock, which is the part of the lathe that turns the work.
- Face Ply
- Also referred to as the face layer, it is the outer layer when there are two or more layers.
- Face Reinforcement
- Additional weld material, which is added to the face of the weld.
- Face Shell
- Front of a concrete block.
- Face Shield
- Coverings, designed to protect the entire face of a worker when a sander, grinder, etc. are being used. A transparent eye panel allows the worker to be protected from small particles, which are being thrown, while being able to see.
- Face Value
- The dollar amount shown on a document.
- Face Velocity
- Measurement of the air velocity as measured at the face of the inlet or outlet in an HVAC system.
- Face Veneer
- The outer veneer on a piece of plywood.
- Face Wall
- The front wall of a structure or, alternately, a retaining wall.
- Faced Masonry
- Masonry structure that has different types of material as backing and facing, such as brick on concrete, bonded together.
- Faced Wall
- Veneer covered structural wall.
- Facilitator
- Real estate professional who aids in a transaction but does not have an agency relationship with that party and can be known as an intermediary or transaction broker.
- Facility
-
- Ease of doing or making; absence of difficulty.
- A building or special room, constructed for a specific function.
- Facing
-
- Covering of contrasting material to decorate or protect a building; a finished wall surface.
- Smoothing; finishing.
- Facing Brick
- Specifically made brick, in a special color or texture, for the outside or facing wall of a building.
- Facsimile
- A reproduction or exact copy or architecturally a reproduction of a building style. Alternately, the electronic transfer of an exact image of a document or picture, referred to as a "fax".
- Factoring
- The purchase of the accounts receivable of a business or alternately, taking the accounts receivable of a business as collateral for a loan.
- Factor of Safety
- The ratio of the maximum strength of a piece of material or a part to the probably maximum load to be applied to it. If a maximum of 2,000 pounds can be tolerated, a load of 500 pounds will have a 4 to one factor of safety.
- Factory Edge
- The edge of any fabricated item that has been prepared in a factory, such as the long edge of wallboard panels, coming from a factory covered with paper. Fade.
- To become less distinct. To lose color or brilliance.
- To disappear slowly. To wane.
- Fagot
- Also spelled faggot, the term refers to a bundle of sticks or branches to be used for fuel, or alternately, a bundle of iron or steel pieces to be hammered or rolled, at welding temperature, into bars.
- Fahrenheit
- Temperature measurement, named after its discoverer Daniel Fahrenheit 1686-1736, in which 32 degrees is the freezing point and 212 is the boiling point for water.
- Faience
- Italian glazed earthenware, as colorfully designed pottery or in blocks or tiles to be used as wall facings.
- Fair Credit Billing Act
- Federal law governing credit and charge card billing errors. If the credit card company violates this law, consumers can sue for damages.
- Fair Credit Reporting Act
- A federal law that allows individuals to examine and correct information used by credit reporting services.
- Fair Debt Collection Practices Act
- Federal law outlawing debtor harassment and regulates collections agencies, original creditor's collection offices (if separate) and creditor's lawyers. Original creditors may be covered under state law.
- Fair Housing Act
- Federal law making it illegal to refuse to rent or sell to anyone based on race, color, religion, sex or national origin. 1988 amendments expanded protections to include family status and disability.
- Fair Market Rent
- The rent a property commands in a free and open market setting.
- Fair Market Value
- Amount that could be received on the sale of real estate when there is a willing seller and buyer. It is a term generally used in property tax and condemnation legislation, meaning the market value of a property.
|
