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Historic preservation
Historic preservation A movement to protect buildings with historic value from destruction or extensive renovation.
RELATED TERMS--------------------------------------
Value
The measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability.
SIMILAR TERMS--------------------------------------
Historic structure
A building listed in the National Register of Historic Places and certified as historic by the U.S. Secretary of the Interior.
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Highest and best use
The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible and that results in the highest value.
High-LTV equity loan
A home equity loan that creates a total loan to value ratio of up to 125 percent or more.
High-rise
In the central business district, this could mean a building higher than 25 stories above ground level, but in suburban markets, it generally refers to buildings higher than seven or eight stories.
Highrise developments
Sometimes called mixed-use developments (MUDs), these combine office space, stores, theaters and apartment units in a single vertical community.
Hip roof
A pitched roof with sloping sides.
Historic preservation
Historic structure
A building listed in the National Register of Historic Places and certified as historic by the U.S. Secretary of the Interior.
Hold period
The length of time for which you keep a mortgage before repaying it or remortgaging.
Holdbacks
A portion of a loan commitment that is not funded until an additional requirement is met, such as completion of construction
Holder in due course
The holder of a negotiable instrument (check or note) purchased for value when the instrument appears complete and regular on its face.
Hold-harmless clause
A contract provision whereby one party agrees to indemnify and protect the other party from any injuries or lawsuits arising out of the particular transaction.
This dictionary contains 6433 terms. |
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