Home Buyer Resources
Terminology and phrases utilized throughout the building process may not be familiar to you. We have listed common terms and phrases for your reference. If you require additional information or clarification, please contact your Area Manager, as they will be with you throughout the building process to answer any questions or concerns that you may have.
"R" refers to the resistance to heat flow; the higher the R-value, the greater the insulating power. Almost all insulation products have to tell you their R-value - pipe and duct insulation are the only exceptions. (duct wrap is covered.)
Realtor / Real Estate Agent
A person who acts as an intermediary between the seller and the buyer of a property.
A fund required to be set up by a condominium corporation for major repair and replacement of common elements and assets of acorporation. The homeowner sets aside a pre-determined amount on a regular basis so that funds are available for emergency ormajor repairs.
Also called a townhouse, a row house is one unit of several similar single-family homes, side-by-side, joined by common walls.