Floating
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  Floating



Floating

   The time period is defined by a season and the week period is not fixed. One reserves the time period within the appropriate season annually.

RELATED TERMS
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Season
Designated season of the year denoting period of ownership for exchange or usage value.

Fixed
A time period that is fixed for each calendar year, either by date or by calendar weeks; most in numerical sequence 1-52.



SIMILAR TERMS
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Float
The number of freely traded shares in the hands of the public.

Float floor drain
A drain that diverts water from the basement to a collection area. Water is then removed with a sump pump.

Floating wall
Walls built to withstand movement in the basement floor.



PREVIOUS AND NEXT TERMS
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Flats
Sheets used in the room. Smaller motels will usually send their sheets out to a commercial laundry.

Flex space
A building that provides a configuration allowing occupants a flexible amount of office or showroom space in combination with manufacturing, laboratory, warehouse, distribution, etc.

Flexible mortgage
A mortgage that allows the borrower to make overpayments, underpayments, payment breaks, borrow back overpayments. Interest is applied daily.

Float
The number of freely traded shares in the hands of the public.

Float floor drain
A drain that diverts water from the basement to a collection area. Water is then removed with a sump pump.

Floating

Floating wall
Walls built to withstand movement in the basement floor.

Flood hazard areas
Locations specified on Federal Emergency Management Agency (FEMA) maps indicating areas that are subject to flooding. The seller's agent is required to inform potential buyers if the agent has knowledge that a property is located in such an area.

Flood insurance
Insurance that compensates for physical property damage resulting from flooding.

Flood plain
Land that is prone to inundation.

Floor
The minimum rate possible on a variable-rate loan or line of credit, after any initial introductory rate period.

This dictionary contains 6433 terms.
      












                    © Real Estate Dictionary 2005 - All rights reserved -

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