Down drain
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  Down drain



Down drain

   A drain pipe or similar conduit to allow water to flow from the rain gutter at the edge of the roof to the ground.

RELATED TERMS
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Conduit
An alliance between mortgage originators and an unaffiliated organization that acts as a funding source by regularly purchasing loans, usually with a goal of pooling and securitizing them

Gutter
A channel at and running the length of the eaves of a building which carries off rain water, usually by means of downspouts.



SIMILAR TERMS
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Down payment
The portion of a home's purchase price that is paid in cash and is not part of the mortgage loan.

Down spouts
A vertical gutter that empties water from the roof to the ground.

DOWNREIT
An organizational structure that makes it possible for REITs to buy properties using partnership units. The effect is the same as an UPREIT, however, the DOWNREIT is subordinate to the REIT itself, hence the name.

Downzoning
A change in zoning from a higher to a lower classification or from a more active to less active classification, such as from residential to conservation, or multifamily to single-family use.



PREVIOUS AND NEXT TERMS
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Dormer
A window set upright in a sloping roof.

Double taxation
One of the main disadvantages of corporate ownership of income property is that the profits are subject to double taxation.

Double-hung window
A window that consists of two sashes that slide up and down.

Dovetail joints
Joints that lock two pieces of wood together with meshed teeth.

Dower
The rights of a widow to a portion of her deceased husband's property.

Down drain

Down payment
The portion of a home's purchase price that is paid in cash and is not part of the mortgage loan.

Down spouts
A vertical gutter that empties water from the roof to the ground.

DOWNREIT
An organizational structure that makes it possible for REITs to buy properties using partnership units. The effect is the same as an UPREIT, however, the DOWNREIT is subordinate to the REIT itself, hence the name.

Downzoning
A change in zoning from a higher to a lower classification or from a more active to less active classification, such as from residential to conservation, or multifamily to single-family use.

Dragnet clause
A clause in a mortgage or deed of trust which places the real estate as security for existing debts between the parties.

This dictionary contains 6433 terms.
      












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