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Real Estate Glossary
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W Terms :
Wall Cavity
The space between the inner and outer sections of a wall.
Warranty of Possession
It provides a warranty by Landlord that it has the legal ability to convey the possession of the premises to Tenant; the Landlord does not warrant that he owns the land.
Water Course
A natural stream of running water being fed by a natural source such as a stream or river.
Weighted Average Rental Rates
The mean proportion or medial sum made out of the unequal rental rates in two or more buildings within a market area.
Wish List
Think of a wish list as the criteria for your perfect home. While it's rare to find everything you'd like in the house you finally purchase, sitting down and making a wish list will help you find the house which most closely matches your dream.
Working Drawings
The set of plans for a building or project that comprise the contract documents that indicate the precise manner in which a project is to be built. This set of plans includes a set of specifications for the building or project.


 


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