Deep-seal Floor Drain at Real Estate Glossary

What is it? A drain used to dispose of water from the basement floor to a sewer line.

Real Estate Definition Added By: Katie

Send To Friends!

If you'd like to send the Deep-seal Floor Drain definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Deep-seal Floor Drain. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Real Estate Terms:

Real Estate Term Income Approach is The process of estimating the value of an income-producing property through capitalization of the annual net income expected to be produced by the property during its remaining useful life. (See appraisal)

Real Estate Term Fixed Expenses is Those recurring expenses that have to be paid regardless of whether the property is occupied; for example, real property taxes, hazard insurance and debt service. These expenses contrast with operating expenses necessary to maintain the production of inco

Real Estate Term Back-End Qualification is When qualifying a prospective buyer for financing, the ratio of the borrowers income to monthly debt obligation is a primary consideration. Based on back-end qualification, the ratio of a prospects income to their total housing expense plus their long

Real Estate Term Cmo is Securities (a series of bonds) issued backed by mortgages.

Real Estate Term Replacement Cost is The construction cost at current prices of a property that is not necessarily an exact duplicate of the subject property but serves the same purpose or function as the original.