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Tie
One of a set of timbers used in the construction of a building or for
esthetic purposes, the land around a property for beautification.
Tie
Beam
Concrete or timber beam that serves as a support in the wall structure
of a building. Concrete tie beams are often reinforced with steel rods.
Tie
Coat
A treatment applied between two coatings to improve bonding.
Tie
In
To join together.
Tie
Out
To mark the locations of objects in a roadway under construction so they
can be located after paving.
Tie
Wire
Wire used to secure rebar and forms when installing a foundation.
Tied
Columns
Concrete columns with lateral reinforcing members to help support a load.
Tier
Series of rows. Townships moving as a row from east to west, covering
a 6-mile area in width. The term is employed under the rectangular survey
method.
Tight
Market
Market in which the spreads between the asking and offer price of real
estate are small. The property may be in abundant supply and actively
traded.
Tile
Flat sheets or tablets of material used on floors, countertops, roofs,
and walls. There are many types of tile including clay, stone, asphalt,
and metal.
Tile,
Asphalt
A durable, inexpensive type of tile used primarily in high traffic commercial
locations.
Tile,
Ceramic
Extensively used tile made form clay.
Tile
Cutter
A tool for cutting tile. A blade scores the tile and then pressure is
applied to cause it to break along the scored line.
Tile,
Rubber
Durable and resilient tile made form natural or synthetic rubber, typically
used to cover hard surfaces (such as concrete) in commercial areas.
Tile
Saw
A water-cooled power saw with a metal and diamond blade, used to cut tile.
Tile,
Vinyl
A durable tile made from vinyl and used in residential and commercial
buildings.
Tilt-up
Door
see overhead door.
Timber
1. A stand of trees.
2. A piece of lumber that measures at least 5" x 5".
Timber
Connectors
Metal fasteners bolted to intersections of structural timbers.
Timber
Construction
A building where timbers are used as structural members.
Time
and Materials Contract
A contract providing for the contractor to be paid for time spent on the
job plus the cost of materials.
Time-clock
Switch
An electrical switch with a timer that can be set to turn the circuit
on or off at pre-set times.
Time
is of the Essence
Legal phrase in a contract that indicates a specific period of time in
which an act must be performed.
Time-lag
Fuse
A fuse that can withstand a small overcurrent but will blow out with a
large overcurrent.
Time-line
A chart depicting changes over time, for example a schedule for a construction
project.
Time
Weighted Average
Method of measuring the maximum safe exposure of workers to hazardous
materials or conditions.
Time
with Materials Furnished Contract
A contract providing for the contractor to be paid for time spent on the
job with all materials supplied by the owner.
Timer
Switch
A switch with a built in time clock that turns the switch on and off.
Timeshare
Ownership of a specific period of time or percentage of interest in a
vacation home.
Time
Value of Money
A concept that money available now is worth more than the same amount
in the future because of its potential earning capacity. It is the rationale
behind compounding for future value or discounting for present value.
Tin
Metallic element with atomic number of 50. Tin is used in many alloys.
Tin
Snips
Shears used to cut sheet metal.
Tint
1. A pigment added to paint.
2. To modify color.
3. Transparent color.
Tipping
Off
Smoothing paint with the tip of a brush.
Titanium
Metallic element with the symbol Ti and atomic number 22. Titanium is
a light, yet strong, metal.
Titanium
Dioxide
White pigment used in paint.
Title
The legal right of an ownership interest in a property. Legal document
which shows ownership of a piece of real estate.
Title
Block
Markings on a blueprint containing design and revision information.
Title
Company
Firm that provides insurance of a clear title once it completes its search
for liens.
Title
Defect
An unresolved claim against he ownership of property, which prevents presentation
of a marketable title. Such claims may arise from failure of the owner's
spouse or former partner to sign a deed, current liens against the property
or an interruption in the title records to a property.
Title
Examination
The check of the public record, by the title company, to determine the
legal ownership and that there are no claims or liens affecting the property.
Title
Insurance
The policy that is issued to protect against loss due to a dispute in
property ownership.
Title
Insurance Binder
Written commitment, issued by the title company, agreeing to insure title
to a property, subject to conditions or exclusion shown.
Title
Report
A document indicating the current state of the title, such as easements,
covenants, liens and any defects. The title report does not describe the
chain of title.
Title
Risk
Possible impediments to the transfer of title of a property.
Title
Search
The reviewing, of all recorded transactions in the public record, to discover
any title defects, which could interfere with the transfer of ownership
of a property.
Title
Sheet
The first page of set of construction drawings. Information on the title
sheet typically includes the name and address of the architect as well
as an index to the plans.
Title
Theory States
States in which the law splits the title of mortgaged property into legal
title, held by the lender and equitable title, held by the borrower. This
is based on the legal assumption, based on a title theory, that the mortgagee
is a partial owner of the real estate securing the mortgage and remains
as is until the debt is fully paid. The borrower gains full title to the
property upon retiring the mortgage debt. The lender is granted more immediate
cure to a default than in "lien theory" states.
T-Nail
A T-shaped nail used in pneumatic nailers.
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