The Real Estate
Encyclopedia: F-J

In real estate finance, Gap Financing refers to short term loans used as interim financing until permanent or long term financing is secured. These loans are typically used to bridge a temporary funding gap during construction, development, or the transition between...

In real estate and construction, a Gambrel Roof is a type of curb roof characterized by two slopes on each side of the structure. The lower slope is steep, while the upper slope is flatter, creating additional usable space beneath the roof. Gambrel roofs are commonly...

In real estate, Gain refers to an increase in value or a profit realized from a property transaction. It commonly occurs when a property is sold for more than its original purchase price, adjusted for improvements, expenses, and allowable deductions. Gain is an...

In real estate and construction, a Gable Roof is a type of pitched roof characterized by two sloping sides that meet at a central ridge. The ends of the structure form triangular sections known as gables. Gable roofs are common in residential construction because they...

In real estate finance, a Future Advance Clause is a provision in a mortgage or deed of trust that allows the borrower to obtain additional loan funds at a later date. These future advances are secured by the same mortgage or deed of trust and by the same real...

In real estate, Functional Obsolescence refers to a loss in value caused by outdated design, features, or equipment that no longer meet current market standards or buyer expectations. This can occur even if the property is physically sound, due to advances in...

In real estate, Full Disclosure refers to the obligation to reveal all known material facts that could influence a buyer’s decision to purchase a property. This includes information about physical defects, environmental issues, legal concerns, or any other conditions...

In real estate valuation, Front Foot Cost is a method of determining property value based on a price per linear foot of frontage along a street or roadway. The total value is calculated by multiplying the agreed upon value per front foot by the property’s total...

In real estate, Front Footage refers to the linear measurement of a property along the portion that fronts a street or major roadway. It is typically measured in feet and describes the width of the parcel at the street line. Front footage is commonly used in land...

In real estate, Frontage refers to the portion of a parcel of land or an improvement that directly faces a street or roadway. It is often measured in linear feet and describes the width of the property along the street line. Frontage is an important factor in property...