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- damper
- A movable shield that is installed in a fireplace to allow smoke and fumes to travel up the chimney.
- days on the market
- The period of time between when a property is listed for sale and the date of sale when it is taken off the market.
- deadbolt lock
- A type of lock system installed on doors where the inside is locked with the turn of a button and the outside requires a key.
- debt
- An amount of money that is owed by one person to another.
- debt assumption letter
- The transfer of a debt from one party to another. The contract of assumption must be signed by both parties. Also known as assignment of debt.
- deck
- A roofless, floored area that is joined to the outside of a building.
- decorating allowance
- A sum of money negotiated between a buyer and seller, held in escrow for the buyer and to be applied toward decorating changes to the property.
- deed
- A legal document that transfers the ownership of a piece of property.
- deed of trust
- Part of a loan contract that gives the lender the right to foreclose on the property if the borrower defaults on the loan.
- deep-seal floor drain
- A drain in a basement that drains water from the basement floor into a sewer line.
- default
- The failure to fulfill an obligation or contract.
- deferred maintenance
- Repairs or maintenance on a property that has been postponed and results in a decline in the property value.
- delinquent mortgage
- A mortgage where the borrower is behind on payments. The borrower is given a specified number of days to bring the payments up to date or the lender may begin foreclosure proceedings.
- density test
- Soil analysis to determine if the surface can support the foundation of a building.
- dentils
- Are small rectangular blocks that can be seen along a molding on top of a wall or under a roof line
- deposit
- The money that the buyer gives with an offer to purchase. Also called earnest money.
- depreciation
- A decline in the value of a property.
- design/build
- A contract between an owner and an individual or company to design and construct a building.
- designer
- An individual or company that draws up blueprints.
- digital images
- Pictures that are included with the house listing to give potential buyers an initial view of the property.
- dimension plans
- Plans which show the layout of a building; less detailed than full blueprints.
- dimensional lumber
- Pieces of lumber that are cut to standard dimensions.
- dimmer
- A light switch that allows control of the brightness from off to full range.
- dimple
- A tiny pocket that is made around a nail with a light blow of a hammer; typically used when hanging drywall.
- dip tube
- An extension of the water supply line in a storage tank to deliver water close to the heat source on the bottom of a water heater.
- disability insurance
- An insurance policy that is taken out to cover a person’s ability to produce income in the event of disability.
- disclosure
- A statement that discloses relevant information on a property to a potential buyer.
- discount points
- Fees that are paid by borrowers to lenders to get a lower interest rate. The lender offers a borrower pay points to adjust the interest rate to the market rate. One point equals one percent of the loan amount.
- distressed property
- Property that is in poor physical or financial condition.
document needs list
A list of documents required by a lender from a potential borrower when submitting a loan application.
- documentation preparation
- A fee that is charged by the escrow company or attorney to ready the paperwork for closing.
- domed ceiling
- A ceiling in the shape of a dome that projects upward without support.
- domicile
- The primary or permanent home of an individual.
- dormer
- Is an upright window projecting into a sloping roof
- double-hung window
- A window with two sashes that slide up and down.
- dovetail joints
- The joint that locks two pieces of wood together with meshed teeth.
- dowel
- A length of wood that is round and made of hardwood.
- dowel plug
- A short, round piece of wood that is fit into a counter bored hole to hide the head of a screw.
- down payment
- The money that is paid by the borrower out of their own funds upon the purchase of a property and is subsequently not included in the loan or mortgage.
- downspout
- The vertical gutter piece that drains the water from the roof to the ground.
- drain auger
- A long, coiled-wire that is unwound and pushed into a drain to free a clog. Also called a snake.
- drain flange
- The round metal trim that fits into the hole in a sink or bathtub.
- drain valve
- A valve that is used to drain the water from a storage tank.
- drainage
- The gutter and drainage system that carries the water away from the foundation of a building.
- drainpipe
- Part of a buildings plumbing system that carries the waste to the sewer or septic system.
- draw
- Payments taken from a construction loan to pay subcontractors or suppliers.
- drip caps
- Angled strips of metal flashing designed to protect the eaves from water damage. They tuck under the first layer of shingles and extend down over the fascia.
- drip loop
- A loop in the service conductor that minimizes the chance of water penetration.
- drip loopdropped ceiling
- A type of ceiling that set several inches below the original ceiling
- dry rot
- Decaying in wood making it become brittle and crumble, caused by fungus.
- drywall
- Construction material that is composed of gypsum or plaster wrapped in paper and produced in large sheets.
- dual agency
- The situation where a real estate agent represents both the buyer and the seller in a transaction.
- dual agent
- A real estate agent who represents both the buyer and the seller in a transaction.
- duct
- An insulated tube that is designed to deliver air to and from a furnace or other air-handling unit.
- drip loopduct
- The pipe or channel that carries water, wiring or air through a building.
- ductwork
- The system of pipe or channel that carries water, wiring or air through a building.
- due-on-sale clause
- The clause in a mortgage which states that the loan must be paid in full when the building is sold.
- duplex
- A building that consists of two separate family units.
- duplex receptacle
- An electrical outlet with two plugs.
- Dutch colonial style
- A style of house that has dormers and a Gambrel roof
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