Real Estate Glossary

Imaginary lines used by surveyors from which they find measure and describe the location of lands.

A board that goes around the room against the wall and next to the floor.

Narrow strips of wood or metal used to cover joints on the interior or exterior of a building; they are also used for decorative effect.

A horizontal structural member supporting a load.

A wall or partition that supports any vertical load in addition to its own weight.

A location indicated on a permanent marker by surveyors.

(1) One entitled to benefit from a trust. (2) The lender on the security of a note and deed of trust. The creditor (lender) under a deed of trust.

Statement by owner of a deed of trust or mortgage against the property setting forth the present status of the debt and lien. Also called a beneficiary statement.

To leave by will.

Personal property that is given by the terms of a will. A gift of personal property by will.