|
Tread
1. Flat part, on which you place your foot, of a stair step.
2. The surface of tires, designed to improve traction.
Treasury
Bills
Securities, which have the full backing of the U.S. Government, and are
issued by the Treasury Department.
Treasury
Index
Index used to determine interest rate changes for adjustable rate mortgages.
Trellis
Decorative landscape structure made of thin strips of wood or plastic
and used for growing vines or roses.
Trench
A long, narrow excavation, commonly dug for drainage or to install pipe.
Trencher
A variety of powered machines designed to dig trenches. Some trenchers
are capable of multiple tasks in addition to digging the trench, such
as laying drainage pipe and backfilling the trench.
Trenching
Digging a trench.
Trepan
Cutting a circular core out of a material for testing.
Trespass
Unlawful entry or possession of property.
Trestle
A metal or wood framework, usually built to support a bridge.
Triangle
A three-sided object with three angles totaling 180 degrees.
Tri-level
Popular style of home, best suited for side-to-side slopes, in which a
one-story wing is attached between the levels of a two-story wing.
Trim
1. To prepare; fit out. To put improper order; make neat and tidy. To
decorate or embellish.
2. Term generally applied to finish work on a construction project. see
Trim Work.
Trimmer
1. A contractor specializing in finish carpentry work.
2. A beam or joist to which a header is connected when framing out an
opening.
Trim
Work
Finishing work on doors, doorways, window frames and floors.
Tripoli
Chalk-like gray or white silicon, composed of fossilized remains of marine
life, which is used for thermal insulation for steam piping, paint extenders,
scouring powders, filters, etc. Also called Diatomaceous Earth or Diatomaceous
Silica or Infusorial Earth.
Triple
Net Leases
A lease requiring tenants to pay all utilities, insurance, taxes, and
maintenance costs.
Triplex
A freestanding building having three separate housing units all under
one roof.
Trommel
A screened cylinder used to separate materials by size - for example,
separating different sizes of crushed stone.
Trophy
Building
A landmark property that is well known by the public and highly sought
by institutional investors and pension funds and insurance companies.
Generally one-of-a-kind architectural designs, with the highest quality
of materials and finish, expensive trim. These properties are more desirable
than Class A buildings.
Trough
1. A drainage ditch.
2. A framing member installed above and perpendicular to the ceiling joists.
Trowel
A hand tool with a flat blade used for smoothing concrete, mortar, stucco,
or plaster. Alternately, a small shovel used for fine gardening work is
sometimes called a trowel.
Trowel
Finish
A finish look created by sweeping a trowel across a wet concrete, plaster,
or stucco surface.
Trowel,
Power
A gas-powered tool used to smooth concrete.
Trowel
Tooth Texture
A finish created by sweeping the edge of a trowel across wet concrete,
plaster, or stucco.
Truncate
To shorten.
Trunk
Line
A main electrical line.
Truss
Rigid, prefabricated framework of girders, struts, bars and other items
and is used to support a roof or other load bearing elements, such as
bridges, etc.
Trust
An arrangement whereby property is transferred to a trusted third party
(trustee) by a grantor (trustor). The trustee holds the property for the
benefit of another (beneficiary).
Trust
Account
Special account, which is used to safeguard the funds of a buyer or seller.
Trust
Deed
A conveyance of real estate to a third party to be held for the benefit
of another. Commonly used in some states in place of mortgages that conditionally
convey title to the lender.
Trustee
Legally empowered person to whom another's property or the management
of another's property is entrusted.
Trustee
in Bankruptcy
Person selected by a judge or creditors of a bankrupt individual to handle
matters including the sale of the bankrupt's assets, management of the
funds from the sale of those assets, payment of expenses, and distribution
of the balance to creditors. The trustee is usually compensated with a
specified percentage of the liquidation sale.
Trustee's
Deed
Deed given by a trustee at a deed of trust foreclosure sale.
Trustee's
Sale
A foreclosure sale conduced by a trustee under the stipulations of a deed
of trust.
Trustor
Individual creating a trust.
Truth
in Lending Act
Federal law allowing a consumer to cancel a home-improvement loan, second
mortgage or other loan until midnight of the third business day after
a contract is signed, if the home was pledged as security(except for a
first mortgage or first trust deed).
T-Square
A T-shaped measuring tool used in drafting and layout work. The T-square
can be used as a straightedge and to quickly mark out 90-degree angles.
T-Strap
Hinge
A T-shaped, surface mounted hinge mounted frequently used on fence gates.
|