| A/C - An abbreviation for air conditioner
or air conditioning.
A/C Condenser - The
outside fan unit of the Air Conditioning system. It removes the
heat from
the freon gas and "turns" the gas back into a liquid
and pumps the liquid back to the coil in the furnace.
A/C Disconnect - The main electrical ON-OFF switch near
the A/C Condenser.
Aerator - The round screened screw-on tip of a sink spout.
It mixes water and air for a smooth flow.
Aggregate- A mixture of sand and stone and a major component
of concrete.
Air space - The area between insulation
facing and interior of exterior wall coverings. Normally a 1" air
gap.
Allowance(s) - A sum of money set aside in the construction
contract for items which have not been selected and specified in
the construction contract. For example, selection of tile as a flooring
may require an allowance for an underlayment material, or an electrical
allowance which sets aside an amount of money to be spent on electrical
fixtures.
Amortization - A payment plan by which a loan is reduced
through monthly payments of principal and interest.
Anchor bolts- Bolts to secure a wooden sill plate to concrete
, or masonry floor or wall.
Annual Percentage Rate (APR)- Annual cost of credit over
the life of a loan, including interest, service charges, points,
loan fees, mortgage insurance, and other items.
Appraisal An expert valuation of property.
Apron- A trim board that is installed beneath a window sill
Architect - One who has completed a course of study in building
and design, and is licensed by the state as an architect. One who
draws up plans.
Area wells- Corrugated metal or concrete barrier walls installed
around a basement window to hold back the earth
Assessment - A tax levied on a property, or a value placed
on the worth of a property.
Assumption - Allows a buyer to assume responsibility for
an existing loan instead of getting a new loan.
Astragal- A molding, attached to one of a pair of swinging
double doors, against which the other door strikes.
Attic access- An opening that is placed in the drywalled
ceiling of a home providing access to the attic.
Attic Ventilators- In houses, screened openings provided
to ventilate an attic space.
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