Information about home, mortgage, insurance, homebuyer, real estate, property, buy home, home insurance, financing, home financing, home buyer, first time homebuyer, homes, homebuying, credit, condo.
Main Page: real estate, credit, property, home, home financing, condo, homebuying, insurance, buy home,
Definition of Ventilation
Creates a positive flow of air that allows the house to "breathe" and helps prevent moisture build-up year-round.
Screened openings in houses to allow for ventilation of an attic space.
Device to help achieve a ventilation space between insulation and roof sheathing. It helps assure air flow from the eave vents in attics and cathedral ceilings.
Heating, ventilation and air conditioning.
An opening that is placed in the drywalled ceiling of a home providing access to the attic. Sometimes found in halls, closets or garages.
The creditor proof status of such things as life insurance, non-registered life insurance investments, life insurance RRSPs and life insurance RRIFs make these attractive products for high net worth individuals, professionals and business owners who may have creditor concerns. Under most circumstances the creditor proof rules of the different provincial insurance acts take priority over the federal bankruptcy rules.
This is a very common form of life insurance which is found in employee benefit plans and bank mortgage insurance. In employee benefit plans the form of this insurance is usually one year renewable term insurance. The cost of this coverage is based on the average age of everyone in the group. Therefore a group of young people would have inexpensive rates and an older group would have more expensive rates.
Sometimes, simply called YRT, this is a form of term life insurance that may be renewed annually without evidence of insurability to a stated age.
A type of insurance policy or annuity in which the owner receives dividends, typically increases the death.
Period between two policy anniversaries.
Gross household income is the total salary, wages, commissions and other assured income, before deductions, by all household members who are co-applicants for the mortgage.
One of a row of houses connected with common side walls.
The area between insulation facing and interior of exterior wall coverings. Normally a 1" air gap.
A sum of money set aside in the construction contract for items which have not been selected and specified in the construction contract. For example, selection of tile as a flooring may require an allowance for an underlayment material, or an electrical allowance which sets aside an amount of money to be spent on electrical fixtures.
Insurance coverage on a construction project during construction, including extended coverage that may be added for the contract for the customer's protections.
A comprehensive set of laws that controls the construction or remodeling of a home or other structure.
A roofing composed of three to five layers of asphalt felt laminated with coal tar, pitch, or asphalt. The top is finished with crushed slag or gravel. Generally used on flat or low-pitched roofs.
Central Air Conditioning
A system which uses ducts to distribute cooling and/or dehumidified air to more than one room or uses pipes to distribute chilled water to heat exchangers in more than one room, and which is not plugged into an electrical convenience outlet.
The space between the ground and the first floor of a home, usually no higher than four feet.
An opening to allow the passage of air through the unexcavated area under a first floor. Ideally there should be at least two vents per crawlspace.
Vent opening located in the soffit under the eaves of a house to allow the passage of air through the attic and out the roof vents.
The projecting overhang at the lower edge of a roof.
insulation with an attached vapor retarder (kraft paper or foil-backed paper).
Fiber Glass Insulation
An energy-efficient glass fiber product manufactured by Owens Corning to ensure the best thermal and noise control performance available.
Forced Air Heating
A common form of heating with natural gas, propane, oil or electricity as a fuel. air is heated in the furnace and distributed through a set of metal ducts to various areas of the house.
A roof that consists of two sloping planes that meet at the ridge or peak. The planes are supported at their ends by triangular, upward extensions of walls known as gables.
GFI -See Ground Fault Current Interrupter
Ground Fault Current Interrupter
An electrical Device used to prevent injury from contact with faulty electrical appliances and faulty wiring
A pitched roof with sloping sides.
Denser insulation products have more fibers per square inch and, therefore, give you greater insulating power through higher R-values.
aterial used to cover the interior framed areas of walls and ceilings
Metal Insulation Support
16" or 24" wire rod or crisscrossed wire to hold floor insulation in place.
A small trim molding that has the cross section of a quarter circle.
Reflective Insulation System
Reflective insulation System is formed by a combination of low emittance surfaces and air spaces that provide reflective cavities, which have low levels of radiant energy transmission.
The "V" created where two sloping roofs meet.
A louver or small dome mounted near the ridge of the roof to allow the passage of air through the attic.
A roof that pitches up further on one side than the other. Shed roofs are also used over some porches.
insulation with no attached vapor retarder.
Related to : home, mortgage, insurance, homebuyer, real estate, property, buy home, home insurance, financing, home financing, home buyer, first time homebuyer, homes, homebuying, credit, condo.