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Real Estate Terms - B

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British Thermal Unit (Btu)

The unit of heat re quired to raise one pound of water one degree Fahrenheit. Describes the capacity of heating and cooling systems.

Listing Last Modified: Fri Dec 21 2007

 

Broker (real estate)

An agent licensed by the state to carry on the business of dealing in real estate. He or she usually receives a commission for services of bringing together buyers and sellers, or tenants and landlords.

Listing Last Modified: Fri Dec 21 2007

 

Building Line

A line set by law or deed a certain distance from the street line, in front of which an owner cannot build on a lot. Also known as a setback line.

Listing Last Modified: Fri Dec 21 2007

 

Building Rode

A set of laws that control the design, materials, and similar factors in the construction of buildings.

Listing Last Modified: Fri Dec 21 2007

 

Built-Ins

Items that are not movable, such as stoves, ovens, built-in microwave ovens, and dishwashers.

Listing Last Modified: Fri Dec 21 2007

 

Built-up Roof

A form of level roof consisting of lay ers of roofing materials covered with fine gravel.

Listing Last Modified: Fri Dec 21 2007

 


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Buyers' Market

A market condition in which there are more sellers than interested buyers.

Listing Last Modified: Fri Dec 21 2007

 


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